Kohler Corporation reports the following components of stockholders' equity on December 31, 2016: $ Connon stock-$20 par value, 100, 900 shares authorized 55,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders equity 1,100,000 70,000 400,000 1,570,000 $ In year 2017, the following transactions affected its stockholders' equity accounts: Jan. 1 Purchased 4,500 shares of its own stock at $25 cash per share Jan. SDirectors declared $4 per share cash dividend payable on February 28 to the February 5 stockholders of record. Feb. 28 Paid the dividend declared on January 5. July 6 Sold 1,685 of its treasury shares at 29 cash per share Aug. 22 Sold 2,812 of its treasury shares at 122 cash per share Sept. 5 Directors declared 54 per share cash dividend payable on October 28 to the September 25 stockholders of record Oct. 28 Paid the dividend declared on September 5. Dec. 31 closed the $425,000 credit balance (fron net income) in the Income Sunnary account to Retained Earnings 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 Complete this question by entering your answers in the tabs below. Required Required 2 Required a