I figured out most on my own but I need a little extra help if you can explain step by step that would be great if not that's okay

Kohler Corporation reports the following components of stockholders' equity on December 31, 2016 Common stock-$25 par value, 100,000 shares authorized 45,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,125,000 70.000 370,000 $1.565,000 In year 2017, the following transactions affected its stockholders equity accounts Jan 1 Purchased 5,000 shares of its own stock at $15 cash per share, Jan 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record Feb. 28 Paid the dividend declared on January 5 July 6 Sold 1.875 of its treasury shares at $19 cash per share Aug. 22 Sold 3.125 of its treasury shares at $12 cash per share Sept 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record. Oct 28 Paid the dividend des red on September 5 Dec. 31 Closed the S408,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Required: 1. Prepare journal entries to record each of these transactions for 2017 2. Prepare a statement of retained earnings for the year ended December 31, 2017 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2017 View transaction list View journal entry worksheet No Date Jan 01 Credit 1 General Journal Treasury stock, Common Cash Debit 75,000 75,000 2 Jan 05 Retained earnings Common dividend payable 80,000 80,000 3 Feb 28 Common dividend payable 80,000 Cash 80,000 4 Jul 06 35,625 Cash Treasury stock, Common Paid-In capital, Treasury stock 28.125 7.500 5 Aug 22 37.500 Cash Paid-In capital, Treasury stock Retained earnings Treasury stock, Common 46.875 Sep 05 Retained earnings Common dividend payable 7 Oct 28 Common dividend payable Cash 8 Dec 31 Income summary Retained earnings 408,000 408.000 Required 2 > Prepare a statement of retained earnings for the year ended December 31, 2017. (Amounts to be deducted should be indicated by a minus sign.). KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2017 Retained earnings. Dec. 31. 2016 S 370,000 Add: Net income 408,000 778,000 Less: Cash dividends declared Less: Treasury stock reissuances S 778,000 1 Required 1 Required 2 Required 3 Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2017 TELEFELLSBIBLE KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2017 Total contributed capital 70,000 70.000 Total stockholders' equity $ 70,000