Kohler Corporation reports the following components of stockholders' equity at December $31$ of the prior year.

Common stock$-$ $$25$ par value, $100,000$ shares authorized, $45,000$ shares issued and outstanding Paid$-$in capital in excess of par value, common stock

Retained earnings

Total stockholders' equity

During the current year, the following transactions affected its stockholders' equity accounts.

January $2$ Purchased $5,000$ shares of its own stock at $$25$ cash per share.

January $5$ Directors declared a $$4$ per share cash dividend payable on February $28$ to the February $5$ stockholders of record.

February $28$ Paid the dividend declared on January $5.$

July $6$ Sold $1,875$ of its treasury shares at $$29$ cash per share.

August $22$ Sold $3,125$ of 'its treasury shares at $$21$ cash per share.

September $5$ Directors declared a $$4$ per share cash dividend payable on $0$ctober $28$ to the September $25$ stockholders of record.

october $28$ Paid the dividend declared on September $5.$

$\backslash$table$[[$$$1,125,000$

$1.)$ accord the purchase of $5000$ shares of its own common stock for $$25$ cash per share.

$2.)$record the declaration of a cash dividend of $$4$ per share.

$3.)$ record the payment of the cash dividend.

$4.)$record the reissue of $1875$ shares of the treasury stockof $$29$ cash per share

$5.)$ record the reissue of $3125$ shares of the treasury stock for $$21$ per cash per

$6.)$ record the declaration of a cash dividend of $$4$ per share.

$7.)$ record the payment of the cash dividend.

$8.)$ record the entry to close the $$388,000$ credit balance.$($from net income$)$ in the income summary account to retained earnings.