on.comlow/connect.html &16-17 Help Save &Exit Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 17600 shares of common stock outstanding. The journal entry to record the dividend declaration is 44,000 shares authorized, 23,400 shares issued, and Multiple Choice Debit Retained Earnings $8.800, credit Common DMidends Payable $8,800 Debit Common Dvidends Payable $8.800, credit Cash $8.800 Debit Retained Earmings $11,700, credit Common Dividends Payable $11700 Debit Common Dividends Payable $11700. credit Cash $11,700 Debit Retained Earnings $22000, credit Common Dividenos Payable $22.000 Ere 15 of 36NeJh search