Kohler Corporation reports the following components of stockholders' equity on December 31, 2016 Common stock-$20 par value, 1ee,eee shares authorized, 40,eee shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $ see,eee 60,eee 430, eee Total stockholders' equity $1,290,e0e In year 2017, the following transactions affected its stockholders' equity accounts Jan. 1 Purchased 4,0ee shares of its own stock at $20 cash per share. 5 Directors declared a $6 per share cash dividend payable on February 28 to the February 5 stockholders of record. 28 Paid the dividend declared on January 5 6 sold 1,see of its treasury shares at $24 cash per share. 22 Sold 2,see of its treasury shares at $17 cash per share. Jan. Feb. July Aug. Sept. 5 Directors declared a $6 per share cash dividend payable on october 28 to the September 25 stockholders of record. 28 Paid the dividend declared on September 5. 31 Closed the $388,eee credit balance (from net income) in the Income Summary account to Retained Earnings Oct. Dec. Required: 1. Prepare journal entries to record each of these transactions for 2017 2 Prepare a statement of retained earnings for the year ended December 31, 2017 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2017 Answer is not complete. Complete this question by entering your answers in the tabs below. Journal entry worksheet