Kohler Corporation reports the following components of stockholders equity at December 31, 2018, Common stock-$15 par value, 100,000 shares authorized Se,000 shares issued and outstanding Paid in capital in excess of par va common stock Retained earnings Total stockholders' equity $750,000 60.000 460,000 $1,270,000 During 2019, the following transactions affected its stockholders equity accounts Jan 2 Purchased 5.500 shares of its own stock at $25 cash per share. Jan. 5 Directors declared 4 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 $29 cash per share. Aue 22 Sold 3,437 of its treasury shares at $22 cash per Share. Sept. 5 Directors declared a $4 per share cash dividend payable on October 28 to the Septenber 25 stockholders of record. Oct 28 Paid the dividend declared on September 5. Dec. 1 Closed the 5368,000 credit balance (fron net income) in the Incone 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 Journal entries to record each of these transactions