Chap 13 Homework Kohler Corporation reports the following components of stockholders' equity on December 31, 2016 C points $ on stock-$25 par value, 100,000 Shares authorized 55,000 shares issued and outstanding Pald-in capital in excess of par value, c on stock Retained earnings Total stockholders' equity 1.175. 70,000 430, 1.575,00 eBook $ In year 2017, the following transactions affected its stockholders' equity accounts Jan. 1Purchased 4,000 shares of its own stock at $25 cash per share. Jan. Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. Feb. 28 Paid the dividend declared on January 5. July 65oid 1.500 of its treasury shares at $29 cash per share. Aug. 22 Sold 2,500 of its treasury shares at $22 cash per share. Sept. Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record Oct. 28 Paid the dividend declared on September 5. Dec. 31 Closed the $425,000 credit balance (from net income in the Income Summary account to Retained Earnings Required: 1. Prepare journal entries to record each of these transactions for 2017 2. Prepare a statement of retained earnings for the year ended December 31, 2017 3. Prepare the stockholders' equity section of the company's balance sheer as of December 31, 2017 Complete this question by entering your answers in the tabs below. 9 Type here to search ork Seved Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions for 2017. View transaction list Journal entry worksheet e to search wired 1 Required 2 Required 3 pare journal entries to record each of these transactions for 2017. how transaction list Journal entry worksheet - to search equired 1 Required 2 Required 3 repare journal entries to record each of these transactions for 2017. View transaction list Journal entry worksheet here to search hop Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions for 2017. View transaction list Journal entry worksheet ere to search equired 1 Required 2 Required 3 repare journal entries to record each of these transactions for 2017. View transaction list Journal entry worksheet Ko @ O O O O : Record the declaration of a cash dividend of $2 per share. Tuote: Enter debts before credits Credit Retained eming Common stock dividend stro re to search hop Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions for 2017. View transaction list Journal entry worksheet be here to search Op Required 1 RUL Prepare journal entries to record each of these transactions for 2017. View transaction list Journal entry worksheet here to search olo s E R T Y U 1