On April 15, 2021, Blue Ltd. declared a 50 per share cash dividend, payable on May 31 to shareholders of record on May 1. On the date of declaration, Blue Ltd. had 326,000 common shares outstanding on May 15, 2021, the company issued an additional 77,000 common shares for $8 each. On May 31, the dividend was paid.On December 15, 2021, Blue Ltd, declared a 50 per share cash dividend payable on January 15, 2022 to shareholders of record on January 2, 2022. Prepare all the required journal entries to record these transactions. (Credit account tites are automatically indented when the amount is entered. Do not indent manually . If no entry is required, select "No Entry for the account titles and enter for the amounts Round average per share amount to two decimal places) Account Titles and Explanation Debit Date 2021 Credit (To record declaration of dividend.) (To record issue of shares) (To record issue of shares.) (To record payment of dividend.) v (To record declaration of dividund.) 2022 (To record payment of dividend.)