Kohler Corporation reports the following components of stockholders' equity on December 31, 2013: In year 2014, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 4,000 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $2 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record. Feb. 28 Paid the dividend declared on January 5. July 6 Sold 1, 500 of its treasury shares at $24 cash per share. Aug. 22 Sold 2, 500 of its treasury shares at $17 cash per share. Sept. 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholder 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. Prepare journal entries to record each of these transactions for 2014. Prepare a statement of retained earnings fix the year ended December 31, 2014. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2014