a newconnect mheduca ation.com r Review 13-14 (Extra Credit Problem 13-2A Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Kohler Corporation reports the following components of stockholders' equity on December 31, 20%8 Connon stook-$is par value. 100.000 shares authoriaed, 825,000 Paid-ia capital in exceas af par value, comnon stock Retained earning Total stockholders' eqaity In year 2017, the following trensactions affected its stockholders' equity accounts J of Lta own atock at $25 cash per share Jan. $ Directors declared4 per share cash dividend payable on rebruary Purchased 4,000 shares to the Pebroary 5 atoc kholdere ot reeord aly sold 1.580 ot its treawuy shares t $29 cash per sae ot its treasory shares at $22 Sept. 5 pirectors declared a 4 per share csh ividend peysble on oetober2 to the Septenber 25 tockides er Oct. 28 Paid the dividend declared on Beptenter Dec. 31 Cloeed the 368.000 eredit belanee ttron nat incone) in the Incone BumDAy BCCOunt to Retained tarninge. 1 Prepare joumal entries to record each of these transections for 2017 2. Prepare e statement of retained eamings for the year ended December 31, 2012 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2017 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Resuired3 Prepare yournal entries to record each of these transactions for 2017. Journal entry worksheet 5 6 7 8 YU