Kohler Corporation reports the following components of stockholders' equity at December 31, 2018. Common stock-$15 par value, 100,eee shares authorized, 45,eee shares issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 675,000 60,000 37e eee $1,105,000 During 2019, the following transactions affected its stockholders' equity accounts Jan. 2 Purchased 5,500 shares of its own stock at $20 cash per share Jan. s Directors declared a $6 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 2,063 of its treasury shares at $24 cash per share Aug 22 Sold 3,437 of its treasury shares at $17 cash per share Sept. 5 Directors declared a $6 per share cash dividend payable on October 2 to the September 25 stockholders of record Oct. 28 Paid the dividend declared on September 5. Dec. 31 Closed the 5408,ceo credit balance (from net incone) 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 Prepare a statement of retained earnings for the year ended December 31, 2019. (Amounts to be deducted should be indicated by a minus sign.) KOHLER CORPORATION Statement of Retained Eamings For Year Ended December 31, 2019 0 w Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2019 Total contributed capital Total stockholders equity 0