13-18 Prepare journal entries, a statement of retained earnings, and a statement of stockholders' equity for Alexander Company: Jan 2 Purchased 3,000 shares of its own stock at $30 cash per share. Jan 7 Declared a $2.00 per share cash dividend. Feb 28 Paid the dividend declared on January July 9 Sold 1,000 of its treasury shares at $28 cash per share. Aug 27 Sold 1,300 of its treasury shares at $18 cash per share. Sept 9 Declared a $3 per share cash dividend. Oct 22 Paid the dividend declared on Sept 9 Dec. 31 Closed the $72,000 credit balance (from net income) in the Income Summary account to Retained Earnings. 13-18 Prepare journal entries, a statement of retained earnings, and a statement of stockholders' equity for Alexander Company: Jan 2 Purchased 3,000 shares of its own stock at $30 cash per share. Jan 7 Declared a $2.00 per share cash dividend. Feb 28 Paid the dividend declared on January July 9 Sold 1,000 of its treasury shares at $28 cash per share. Aug 27 Sold 1,300 of its treasury shares at $18 cash per share. Sept 9 Declared a $3 per share cash dividend. Oct 22 Paid the dividend declared on Sept 9 Dec. 31 Closed the $72,000 credit balance (from net income) in the Income Summary account to Retained Earnings