Alexander Corporation reports the following components of stockholders' equity at December 31, 2018 Connon stock-$25 par value, 70,000 shares authorized, 42,000 shares issued and outstanding Paid. in capital in excess of par value, conton stock Retained earnings Total stockholders' equity $1,050.000 84.000 382.000 $1.616.000 During the year, the following transactions affected its stockholders' equity accounts. July Jan 2 Purchased 4,200 shares of its own stock at 125 cash per share jan. 7 Directors declared a $1.50 per share cash dividend payable on February 2 to the February stockholders of record Feb. 20 Paid the dividend declared on January 7. 9 Sold 1,680 of its treasury shares at $30 cash por share. Aug 27 Sold , 100 of its treasury shares at 320 cash per share Sept o Directors declared $2 per share cash dividend payable on october 22 to the September 23 stockholders of record. Oct. 22 Paid the dividend declared on September Dec 31 closed the 364,000 credit balance (from net income) as the Incono suwary account to Retained taroings Required: 1 1. Prepare journal entries to record each of these transactions 2. Prepare a statement of retained earnings for the year ended December 31, 2019 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Required red2 Required Prepare journal entries to record each of these transactions View action Journal entry worksheet Required: 1. Prepare journal entries to record each of these transactions, 2. Prepare a statement of retained earnings for the year ended December 31, 2019. 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. (Amounts to be deducted should be indicated by a minus sign.) ALEXANDER CORPORATION Stockholders Equity Section of the Balance Sheet December 31 Total stockholders' equity