I tried every number, and could not find the correct answer for Sep. 9!

Please help!!

Return question 9 record declared a $1.50 per bare cash dividend payable on February 28 to the February 9 stockholders of Alexander Corporation reports the following components of stockholders' equity on December 31, 2016: Common stack-$25 par value, 70,000 shares authorized, 50,000 shares issued and outstanding $1,250,000 1.12 Paid-in capital in excess of par value, common stock 100,000 points Retained earnings 410,000 Total stockholders' equity $1,760,000 In year 2017, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 5,000 shares of its own stock at $25 cash per share. Jan. Feb. 28 Paid the dividend declared on January 7. July 9 Sold 2,000 of its treasury shares at $30 cash per share. Aug. 27 sold 2,500 of its treasury shares at $20 cash per share. Sept 9 Directors declared a $2 per share cash dividend payable on October 22 to the September 23 stockholders of record Oct. 22 Paid the dividend declared on September 9. Dec. 31 closed the $72,000 credit balance (from net income) in the Income Sunnery 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 Return to question 9 1 Jan 02 125,000 Treasury stock, common Cash 125,000 2 Jan 07 67,500 1.12 points Retained eamings Common dividend payable 67,500 3 Feb 26 67,500 Common dividend payable Cash 67,500 4 Jul 09 60,000 Cash Treasury stock, common Pald-in capital, treasury stock 50,000 10,000 5 Aug 27 50.000 10,000 Cash Paid-in capital, treasury stock Retained earrings Treasury stock. common 2,500 62,500 6 6 Sup 09 100.000 Retained earings Common dividend payable 100.000 50,000 9 Treasury stock, common Paid-in capital, treasury stock 10,000 5 Aug 27 Cash 1.12 points Paid-in capital, treasury stock Retained earnings Treasury stock, common 50,000 10,000 2,500 62,500 6 Sep 09 100,000 Retained earnings Common dividend payable 100,000 7 Oct 22 Common dividend payable 100,000 X Cash 100,000 8 Dec 31 72,000 Income summary Retained earnings 72,000 9 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 1.12 points Prepare a statement of retained earnings for the year ended December 31, 2017. (Amounts to be deducted should be indicated by a minus sign.) ALEXANDER CORPORATION Statement of Retained Earnings For Year Ended em er 31, 2017 Retained earnings, December 31, $ 2016 410,000 Add: Net income 72,000 $ 482,000 Less: Cash dividends declared 167,500 x 2,500 Less: Treasury stock reissuances Retained earnings, December 31, 2017 652,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 1.12 points Prepare the stockholders' equity section of the company's balance sheet as of D should be indicated by a minus sign.) ALEXANDER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2017 Common stock - $25 par value $ 1,250,000 Paid-in capital in excess of par value, common stock 100,000 Retained earnings 652,000 X Total stockholders' equity $ 2,002,000