Chec 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 at December 31, 2018. Common stock-$2e par value, 100,800 shares authorized, Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 900,000 60,000 460,000 $1,420,000 During 2019, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 4,000 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $4 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 6 Sold 1,500 of its treasury shares at $24 cash per share. Aug. 22 Sold 2.500 of its treasury shares at $17 cash per share. Sept 5 Directors declared a 54 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 $428,000 credit balance (fron net income in the Income Summary account to Retained Earnings 13 HW13.2 Extra Crediti Served 1 Jan 02 Treasury stock, Common Cash 80,000 80,000 2 Jan 05 Retained earnings Common dividend payable BOL 3 Feb 28 Common dividend payable Cash Pin ferences Jul 06 Cash Treasury stock, Common Paid In capital, Treasury stock 125 Aug 22 Cash Treasury stock Common A6 Sep 05 Retained earnings Common dividend payable Oct 28 Common dividend payable Cash DG 31 Income summary Retained earnings Red 2 mplete this question by entering your answers in the tabs belo Required 1 Required 2 Required 3 Prepare a statement of retained earnings for the year ended December 31 Indicated by a minus sign.).......... Pok nt ences KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2019 Beginning retained earnings Add: Net income 0 Less: Cash dividends declared Less: Cash dividends declared $ $ 0 Req!