Question 32 (2.5 points) Benson Company declared a $0.50 per share cash dividend. The company has 190,000 shares issued and 180,000 shares outstanding. The journal entry to record the payment of the dividend is: O Debit Retained Earnings $90,000; credit Common Dividends Payable $90,000. No entry is necessary. Debit Common Dividends Payable $95,000; credit Cash $95,000. Debit Common Dividends Payable $90,000; credit Cash $90,000