Alex Corporation reports the following components of stockholders' equity at December 31 of the prioryear. During the current year, the following transactions affected its stockholders' equity accounts. Jasuary 2 Purehased 3,400 shares of its ow stoek at $25 eash per share. record. February 20 Paid the dividend declared on January 7. July 9 Sold 1,360 of its treasury shares at 530 eash per share. hugust 27 fold 1,700 of its treasury shares at 021 cash per share. October 22 reeord. December 22 paid the dividend declared on fleptenber 9. Required: 1. Prepare journal entries to record each of these transactions. 2. Prepare a statement of retained earnings for the current year ended December 31. 3. Prepare the stockholders' equity section of the balance sheet as of December 31 of the current year