Globe Corporation reports the following components of stockholders' equity at December 31, 2018: Common stock, $25 par $ 750,000 Paid-in capital in excess of par, common stock 50,000 Retained earnings 340,000 Total stockholders' equity $1,140,000 During 2019, the following transactions affected its stockholders' equity accounts: Jan. 2 Purchased 3,000 shares of its own stock at S25 cash per share Jan. 7 Directors declared a $1.50 per share cash dividend; date of record on February 9 with a date of payment on Feburary 28 Feb. 28 Paid the dividend declared on January 7 Jul. 9 Sold 1,200 of its treasury shares at $30 per share Aug. 27 Sold 1,500 of its treasury shares at $20 per share Directors declared a $2 per share cash dividend; date of record on September 23 with a date of payment on October 22 Oct. 22 Paid the dividend declared on September 9 Dec. 31 Closed the $52,000 credit balance in the Income Summary account. Sep 9 Required: 1. Prepare journal entries to record each of the transactions 2. Post the journal entries to the general ledger (use 3. Prepare the 2019 statement of stockholders' equity (Gre 4. Prepare the stockholders' equity section of the 2019 balance sheet