The declaration, record, and payment dates in connection with a cash dividend of $108,000 on a corporation's common stock are January 15, February 15, and March 15. Journalize the entries required on each date. If no entry is required, select "No Entry" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.   Jan. 15   fill in the blank 972f06f4bf8cfd4_2 fill in the blank 972f06f4bf8cfd4_3     fill in the blank 972f06f4bf8cfd4_5 fill in the blank 972f06f4bf8cfd4_6   Feb. 15   fill in the blank 4668b3058fc3fc5_2 fill in the blank 4668b3058fc3fc5_3     fill in the blank 4668b3058fc3fc5_5 fill in the blank 4668b3058fc3fc5_6   Mar. 15   fill in the blank 64dc9afe8ffe040_2 fill in the blank 64dc9afe8ffe040_3     fill in the blank 64dc9afe8ffe040_5 fill in the blank 64dc9afe8ffe040_6

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Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.