Kohler Corporation reports the following components of stockholders equity at December 31, 2018.

Common stock$20 par value, 100,000 shares authorized, 40,000 shares issued and outstanding	$	800,000
Paid-in capital in excess of par value, common stock		70,000
Retained earnings		370,000
Total stockholders' equity	$	1,240,000

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 $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 1,500 of its treasury shares at $19 cash per share.
Aug.		22		Sold 2,500 of its treasury shares at $12 cash per share.
Sept.		5		Directors declared a $4 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 $388,000 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 companys balance sheet as of December 31, 2019.

Common stock - $20 par values	??
Paid-in capital in excess of par value, common stock	??
Total contributed capital	410,000
Retained earnings	452,500
Total stockholders' equity	$862,500