During the year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 4, shares of its own stock at $23 cash per share. January 5 Directors declared a $2 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, ee of its treasury shares at $27 cash per share. August 22 Sold 2, ee of its treasury shares at $19 cash per share. September 5 Directors declared a $2 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 $37,0 credit balance (from net income) in the Income Summary account to Retained Earnings. Answer is not complete. Prepare the Statement of Retained Earnings for Quality First Corporation for the year ended December 31. January 2 Purchased 4, shares of its own stock at $23 cash per share. January 5 Directors declared a $2 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, ee of its treasury shares at $27 cash per share. August 22 Sold 2, , 90 of its treasury shares at $19 cash per share. September 5 Directors declared a $2 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 $370, e0e credit balance (from net income) in the Income Summary account to Retained Earnings. Answer is not complete. For each transaction, indicate the impact on total stockholders' equity. Enter decreases to equity as negative values. Verify that total Stockholders' equity as of December 31 , as calculated, agrees with the amount reported on the balance sheet