During 2020 , the following transactions affected its stockholders' equity accounts. January 2 Purchased 5,500 shares of its own stock at $25 cash per share. January 5 Directors declared a $4 per share cash dividend payable on February 28 to the February 5 stockholders of record. February 28 Paid the dividend declared on January 5 . July 6 Sold 2,063 of its treasury shares at $29 cash per share. August 22 Sold 3,437 of its treasury shares at $22 cash per share. September 5 Directors declared a $4 per share cash dividend payable on October 28 to the September 25 stockholders of record. October 28 Paid the dividend declared on September 5 . December 31 Closed the $408,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Required: 1. Prepare journal entries to record each of these transactions. Prepare journal entries to record each of these transactions. Journal entry worksheet 6 8 Record the purchase of 5,500 shares of its own common stock for $25 cash per share. Note: Enter debits before credits. Prepare journal entries to record each of these transactions. Journal entry worksheet 567 Record the declaration of a cash dividend of $4 per share. Note: Enter debits before credits. Prepare journal entries to record each of these transactions. Journal entry worksheet Note: tnter debits betore credits. Prepare journal entries to record each of these transactions. Journal entry worksheet 67 Record the reissue of 2,063 shares of the treasury stock for $29 cash per share. Note: Enter debits before credits. Prepare journal entries to record each of these transactions. Journal entry worksheet 1 2 8 Record the reissue of 3,437 shares of the treasury stock for $22 cash per share. Note: Enter debits before credits. Prepare journal entries to record each of these transactions. Journal entry worksheet 1 23 Record the declaration of a cash dividend of $4 per share. Note: Enter debits before credits. Prepare journal entries to record each of these transactions. Journal entry worksheet Prepare journal entries to record each of these transactions. Journal entry worksheet Record the entry to close the $408,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare a statement of retained earnings for the year ended December 31,2020. Note: Amounts to be deducted should be indicated by a minus sign. Complete this question by entering your answers in the tabs below. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2020