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Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 ts Common stock-$15 par value, 188,880 shares authorized 55,800 shares issued and

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Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 ts Common stock-$15 par value, 188,880 shares authorized 55,800 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 825,000 70,000 430,000 $1,325,080 eBook Print References During 2019, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 4,500 sliares of its own stock at $20 cash per share. Jan 5 Director's declared a $4 per share cash dividend payable on February 28 to the February 5 stockholders of Feb 28 Pald the dividerd declared on January 5. July 6 Sold 1,688 of its treasury shares at $24 cash per Share Aug 22 Sold 2.812 of its treasury shares at 317 costi per share Sept. 5 Directors declared a $4 per share cash dividend payable on October 28 to the September 25 stockholders of OL 28 Paid the dividend declared on September 5. Dec. 31 Clused the $368.200 credit balance (tron net Income) in the Income Sumary 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 Required 1 Required 2 Required 3 Prepare a statement of retained earnings for the year ended December 31, 2019. (Amounts to be deducted sho indicated by a minus sign.) KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2019 0 Required 1 Required 2 Required 3 Prepare the stockholders' equity section of the lempany's balance sheet as of December 31, 2019. KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2019 Total contributed capital 0 $ Total stockholders' equity 0

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