(ohler Corporation reports the following components of stockholders' equity at December 31, 2018. 70, aaa , eaa Common stockS20 per value, 100, aze shares authorized, 60,ea shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1, 2ee,aa )uring 2019, the following transactions affected its stockholders' equity accounts. Iuly iept . 2 Purchased 6, ae shares of its own stock at $20 cash per share. Directors declared a $6 per share cash dividend payable on February 28 to the February 5 stockholders of record. Paid the dividend declared on January 5. 28 Sold 2, 250 of its treasury shares at $24 cash per share. 6 Sold 3,750 of its treasury shares at $17 cash per share. 22 Directors declared a $6 per share cash dividend payable on October 28 to the September 25 stockholders of record. Paid the dividend declared on September 5. 28 Closed the $388, Oea credit balance (from net income) in the Income Summary account to Retained Earnings. 31 Qequired: l. Prepare journal entries to record each of these transactions. 2. Prepare a statement of retained earnings for the year ended December 31, 2019. 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019.