Kohler Corporation reports the following components of stockholders' quity at December 31, 2018 Common stock-$15 par value, see,eee shares authorized, 45,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 675,800 80,000 400,000 $1,155,800 During 2019, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug. Sept. Oct. Dec. 2 Purchased 5,5ee 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 2,063 of its treasury shares at $24 cash per share. 22 Sold 3,437 of its treasury shares at $17 cash per share. 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 $388,000 credit balance (from not income) in the Income Summary account to Retained Earnings Required: 1. Prepare journal entries to record each of these transactions. 2. Prepare a statement of retained earnings for the year ended December 31, 2019. 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 1 N 3 4 5 6 7 8 OD Record the purchase of 5,500 shares of its own common stock for $20 cash per share Note: Enter debits before credits. Date General Journal Debit Credit Jan 02 1 2 3 4 5 6 7 8 Record the declaration of a cash dividend of $6 per share. Note: Enter debits before credits. General Journal Debit Credit Date Jan 05 Record the payment of the cash dividend. Note: Enter debits before credits. Date General Journal Debit Credit Feb 28 Record the reissue of 3,437 shares of the treasury stock for $17 cash per share. Note: Enter debits before credits. General Journal Date Aug 22 Debit Credit Prev 1 of 1 Next 1 2 3 4 5 7 8 Record the declaration of a cash dividend of $6 per share. Note: Enter debits before credits. Date General Journal Debit Sep 05 Credit