Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 Connon stock-$15 par value, 1ee, eee shares authorized, 55,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ $25,000 se,800 370, eee $1,275,000 During 2019, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 4,000 shares of its own stock at $15 cash per share. Jan. 5 Directors declared a 36 per share cash dividend payable on February 20 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 519 cash per share. Aug. 22 Sold 2,500 of its treasury shares at $12 cash per share. Sept. 5 Directors declared a 56 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 $405,000 credit balance (fron 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: Required 2 Required 3 Prepare journal entries to record each of these transactions. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 Record the purchase of 4,000 shares of its own common stock for $15 cash per share. Summary account 04:18:03 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. ipped Complete this question by entering your answers in the tabs below. Book Required 1 Required 2 Required 3 Print Prepare a statement of retained earnings for the year ended December 31, 2019. (Amounts to be dec indicated by a minus sign.) ferences KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2019 balance (from net income) in the Income Summary accoun 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 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. KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2019 Total contributed capital Total stockholders' equity