Kohler Corporation reports the following components of stockholders' equity on December 31, 2017. Common stock-$25 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $1,000,000 80,000 430,000 $1,510,000 Jan. In year 2018, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 4,500 shares of its own stock at $15 cash per share. 5 Directors declared a $4 per share cash dividend payable on February 28 to the February 5 stockholders of record Tab. 28 Paid the dividend declared on January 5. July 6 Sold 1,688 of its treasury shares at $19 cash per share. Aug. 22 Sold 2,812 of its treasury shares at $12 cash per share. Sept. 5 Directors declared a $4 per share cash dividend payable on Octobe 28 to the September 25 stockholders of record. Oct. 28 Paid the dividend declared on September 5. Required: 1. Prepare journal entries to record each of these transactions for 2018