cooler corporation reports the following components of stockholders equity at December 31 of the prior year common stock $10 par value hundred thousand shares authorize 40,000 shares issued and outstanding

Kohler Corporation reports the following components of stockholders' equity at December 31 of the prior year Common stock-$10 per valve, 100.000 shares author, 8.000 has issued and outstanding Paid in capital in excess of par les con stock Retained earnings Total stockholders' equity 10 . 279 ce During the current year, the following transactions affected its stockholders equity accounts: January 2 Purchased 4,000 shares of its own $20 amper share January Director del red share the one to the Ferry February 2Paid the dividend declared on cry July Sold 2,000 of its treasury shares at $24 h A2 Sold 2,000 of its treasury this $6 share September Directors declared 53 perche cash dividend payable on the Stars October 2 Paid the dividend declared on September December 31 closed the credit haland from time in the crystal Required: 1. Prepare journal entries to record each of these transactions 2. Prepare a statement of retained earnings for the current year ended December 3. Prepare the stockholders' equity section of the balance sheet as of December of the current year Complete this question by entering your answers in the tabs below Journal entry worksheet ok ences Record the purchase of 4,000 shares of its own common stock for $20 cash per share Note: Enter debits before credits Date General Journal Debit Credit January 02 View general journal Clear entry Record entry Journal entry worksheet Print References Record the reissue of 2,000 shares of the treasury stock for $16 cash per share Note: Enter debits before credits General Journal Debit Credit Date August 22 Record entry Clear entry View general Journal Journal entry worksheet Book Complete this question by entering your answers in the tabs below. points eBook Required 1 Required 2 Required 3 Print Prepare the stockholders' equity section of the balance sheet as of December 31 of the current year, References KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31 Paid-in capital in excess of par value, common stock Common stock - S10 par value Total contnbuted capital Retained earnings Total stockholders' equity $ 0