HELP ASAP WILL RATE!!!

Kobler Corporation reporits the foliowing components of stockholders' equity at December 31 of the prior year. Coanon utochosto par value, 100,000 sharew authorized, 50,000 ahares lanued and outatanding Pald-in eapites in excess of par value, compon stook Metained earmiagn Toeal itookholders' oquity 550,00020,0004430,000$1,000,000 During the current year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 5,000 wigrew of its own stock at $25 cash per share. record. Tebraary 26 Paid the dividend deelared on January 5. July 5 sold 2,500 of its tecasury aharen at $29 easb per shace. Auguet 22 sold-2,500 of Its treasury whares at $21 cash per share. . Segtenter 5 pirectors deolared a 56 per whare canh dividend payable on october 26 to the september 25 stockholdera of repord. october 20 paid the dividend declared on september 5 . Required: 1. Prepare journal entries to record each of these transactions. 2. Prepare a statement of retained earnings for the current year ended December 31 . 3. Prepare the stockholders' equity section of the balance sheet as of December 31 of the current year. Prepare a statement of retaind earnings for the current year ended December 31 . Note: Amounts to be deducted should be indicated by a minus sign. Required 2 Required 3 Prepare the stockholders' equity section of the balance sheet as of December 310 KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31