Jan. 2 Purchased 3,900 shares of its own stock at $25 cash per share. Jan. 7 Directors declared a $1.50 per share cash dividend payable on February 28 to the February 9 stockholders of record. Feb. 28 Paid the dividend declared on January 7 July 9 Sold 1,560 of its treasury shares at $30 cash per share Aug 27 Sold 1,950 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 361,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Required: 1. Prepare Journal entries to record each of these transactions 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. (Amounts to be deducted should be indicated by a minus sign.) ALEXANDER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31 Common stock - $25 par value 975,000 Paid in capital in excess of par value, common stock 78,000 Retained earnings Less Cost of treasury stock Total stockholders' equity $ 1,053,000