Fowler Co.'s balance sheet showed the following at December 31, 2021: Common stock, $10 par$104,000 Paid-in capital—excess of par 52,000 Retained earnings 20,800 A cash dividend is declared on December 31, 2021, and is payable on January 20, 2022, to shareholders of record on January 10, 2022. Required: 1. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $1.00 per share. 2. Prepare all appropriate journal entries, assuming a cash dividend in the amount of $5.00 per share.