Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 Common stock-$10 par value, 100,000 shares authorized, 40,000 share issued and outstanding Paid in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 400,000 60,000 270.000 $ 730,000 Book During 2019, the following transactions affected its stockholders' equity accounts Print ferences Jan. 2 Purchased 4,000 shares of its own stock at $20 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 1,500 of its treasury shares at $24 cash per share. Aug 22 Sold 2.500 of its treasury shares at $17 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 declared on September 5. Dec. 31 closed the $380,000 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 journal entries to record each of these transactions View transactions Journal entry worksheet > 5 6 7 3 8 Record the purchase of 4,000 shares of its own common stock for $20 cash per share. hitshine cudits 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 i Required 2 Required 3 Prepare journal entries to record each of these transactions, View transaction list Journal entry worksheet 1 3 4 5 6 7 8 Record the purchase of 4,000 shares of its own common stock for $20 cash per share. Note: Enter debits before credits Date General Journal Debit Credit Jan 02 Record entry Clear entry View general Journal 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. 5 Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions. View transaction list Journal entry worksheet 4 5 7 8 6 2. 3 Journal entry worksheet w 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 View transaction list Journal entry worksheet 3 3 4 5 6 7 8 Record the reissue of 2,500 shares of the treasury stock for $17 cash per share. Note: Enter debits before credits Debit Credit General Joumal Date Aug 22 View general Journal Record entry Clear entry : 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. es Required 1 Required 2 Required 3 Prepare journal entries to record each of these transactions. View transaction list Journal entry worksheet 3 4 5 7 8 Record the declaration of a cash dividend of $2 per share. Note: Enter debits before credits Debit Credit Date General Journal Sep 05 Record entry Clear entry View general Journal 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 View transaction list Journal entry worksheet Record the entry to close the $388,000 credit balance (from net income) in the Income Summary account to Retained Earnings Note: Enter debits before credits General Journal Dobit Credit Date Dec 31 Record entry Clear entry View general Journal Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 Common stok 10 par valve, 100,000 shares authorized 40,000 shares is on and outstanding Paid-in capital in excess of par value, common stock Retained earning Total stockholders equity $400.000 60,000 270,000 8.730.000 - During 2019, the following transactions affected its stockholders' equity accounts Jan. 2 Parchased 4,000 share of its own stock at $20 cash per share. Jan 5 Directors declared a 52 per share cash dividend payable on Pebruary 28 to the Pebruary 5 stockholdera of Teb. 20 Paid the dividend declared on January 3. July Sola 1,500 ot sta tremary shares at $24 cash per share. 10 22 Sold 2.500 ot its treasury shares at $17 cash per share. Sept. 5 Directors declared as per the cash dividend payable on October 28 to the September 25 stockholders of record Oct. 25 Paid the dividend declared on September 5. Des 31 closed the $300.000 credit balance (from net income) in the Income Summary account to Ratuned larning 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 mes Complete this question by entering your answers in the tabs below. Required: Required 2 Required) Prepare a statement of retained earnings for the year ended December 31, 2019. (Amounts to be deducted should be indicated by a minussion) KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2019 0