Dade Company reports the following components of stockholders' equity on December 31, 2016 Common stock-$10 par value, 150,000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $ 600,000 90,000 500,000 $1,190,000 Total stockholders' equity In year 2017, the following transactions affected its stockholders' equity accounts Jan 1 Purchased 6,000 shares of its own stock at $23 cash per share Jan. 5 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 6 Sold 2,300 of its treasury shares at $27 cash per share. Aug. 22 Sold 3,700 of its treasury shares at $20 cash per share. Sept. 5 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 $233,500 credit balance (from net income) in the Income Summary account to Retained Earnings General Journal General Ledger Statement of Stockholders Impact on Equity Requirement Trial Balance RE Equity General Journal tab - Prepare the necessary journal entries Statement of Retained Earnings tab Prepare the Statement of Retained Earnings for the Dade Corporation for the year ended December 31, 2017. Stockholders' Equity tab Prepare the Stockholders' equity section of Dade Corporation's December 31, 2017 balance sheet. Impact on Equity tab - For each transaction, indicate the total change in Stockholders' Equity, if any. Verify that total equity, as calculated, agrees with the amount reported on the Stockholders' Equity tab Requirement General Journal>