Alexander Corporation reports the following components of stockholders' equity on December 31, 2015: Common stock- $25 par value, 70,000 46,000 shares issued and outstanding S 1.150.000 Paid-in capital in excess of par value, common stock. Retained earnings Total stockholders' equity s 1608.000 stodhoden equity accounts. Purchased 4000 shares of stock at S2scash per share, Directors declared a $1.50 per share cash dividend payable on Feb. 28 to the Feb. 9 stockholders of record. Feb Paid the dividend declared on January 7. Aay Sold 1,840 of its treasury shares at $30 cash per share. Aug 27 Sold 2,300 of its treasury shares at $20 cash per share. Se Directors declared a $2 per share cash dividend payable on October 22 to the September 23 stockholders of record. oct Paid the dividend declared on September 9. Des 31 Closed the $68,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Required Prepare journal entries to record each of these transactions for 2016 Journal Entry Worksheet Record the purchase 4600 shares of its own common stock for s25 cash per share. Treasury stock, common "Enter debits before credits