Context Corporation reports the following components of stockholders equity on December 31, 2011.

Common stock-$15 par value, 100,000 shares authorized, 55,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $ 825,000 70,000 400,000 Total stockholders' equity $1,295,000 In year 2012, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 4,500 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $4 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record. Feb.28 Paid the dividend declared on January 5. July 6 Sold 1,688 of its treasury shares at $24 cash per share. Aug.22 Sold 2,812 of its treasury shares at $17 cash per share. Sept. 5 Directors declared a $4 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 $428,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Required: 1. Prepare journal entries to record each of these transactions for 2012. (Omit the "$" sign in your response.) Credit Date Jan. General Journal Common stock Contributed capital, treasury stock Debit 825000 1 70000 Jan. 5 (Click to select) (Click to select) Feb. 28 (Click to select) (Click to select) July 6 (Click to select) (Click to select) (Click to select) Aug. 22 (Click to select) (Click to select) (Click to select) (Click to select) Sept. 5 (Click to select) (Click to select) Oct. 28 (Click to select) (Click to select) Dec. 31 (Click to select) (Click to select)