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Problem 11-2A (Algo) Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Kohler Corporation reports the following components of stockholders' equity at December 31, 2019 During 2020, the following transactions affected its stockholders' equity accounts. January 2 Purchased 5 , 900 shares of its oun stock at 315 cash per share. January 5 Directors declared o 34 per share cash dividend payable on february 28 to the february 5 stoctholders of record. February 20 paid the dividend declared on January 5. July 6 sold the 2063 of its treasury shares at \$19 cash per share. August 22 sold 3,437 of its treasury shares at $12 cash per share. Septenber 5 oirectori declared a 54 per share cash dividend payable on october 24 to the septenber 25 stockholders of record. october 28 poid the dividend declared on Septenber 5 . Decenter 31 closed the \$428, Required: 1. Piepare journal entries to record each of these transactions 2. Prepare a statement of retained earnings for the year ended December 31,2020 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31,2020 . Prepare journal entries to record each of these transactions. Prepare a statement of retained earnings for the year ended December 31,2020. Note: Amounts to be deducted should be indicated by a minus sign. Prepare the stockholders' equity section of the company's balance sheet as of December 31,20