Question: On January 1 , Cowboy Ice Cream declared a $ 3 , 0 0 0 cash dividend to be paid on January 3 1 to

On January 1, Cowboy Ice Cream declared a $3,000 cash dividend to be paid on January 31 to shareholders of record on January 15.
What is the effect on Cowboy Ice Cream's financial statements on January 31?(Select all that apply)

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