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Please help Kendall Corporation reports the following components of stockholders' equity on January 1. Common stock-$10 par value, 140,000 shares authorized, 60,000 shares issued and

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Kendall Corporation reports the following components of stockholders' equity on January 1. Common stock-\$10 par value, 140,000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, connon etock Retained earning Total stockbolders' equity 5600,00090,000500,0001,190,000 During the year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 6,000 shares of its oun stock at $23 eash per ahare. Janusry 5 ofreetort declared a $2 por ahare cash dividend payable on February 28 to the February 5 atockholdera of record. February 28 Paid the dividend declared on January 5 . July 6 sold 3,000 of its treasury whares at $27 cash per share. Auguit 22 sold 3,000 of 1 ts treanury whares at $19 cash per share. September 5 Directorl declared a $2 per ahare eash dividend payable on october 28 to the september 25 stockholders of record. october 28 Paid the dividend declared on septerber 5 . December 31 closed the $223,000 credit balance (from net incone) In the Incore summary account to Retained Earnings. Journal entry worksheet (2) (3) 45567 Purchased 6,000 shares of its own stock at $23 cash per share. Note: Enter debits before credits. Journal entry worksheet 678 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet (1) 2 67 Sold 3,000 of its treasury shares at $27 cash per share. Note: Enter debits before credits. Journal entry worksheet (1) (3 7 Sold 3,000 of its treasury shares at $19 cash per share. Note: Enter debits before credits. Journal entry worksheet (1) (2) 3 ( 4 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record. Note: Enter debits before credits. Journal entry worksheet 1) 2 (2) 4 4 45 Paid the dividend declared on September 5. Note: Enter debits before credits. Journal entry worksheet 1 6 Closed the $223,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Note: Enter debits before credits. Prepare the Statement of Retained Earnings for Kendall Corporation for the year ended December 3 Prepare the stockholders' equity section of Kendall Corporation's balance sheet as of December 31 . Dates: January 01 to: January 01 \begin{tabular}{|l|l|} \hline Total Stockholders' Equity - January 1 \\ \hline January 2) Purchased 6,000 shares of its own \\ stock at $23 cash per share. \\ January 5) Directors declared a \$2 per share cash \\ dividend payable on February 28 to the February 5 \\ stockholders of record. \\ February28)PaidthedividenddeclaredonJanuary5. \\ \hline July 6) Sold 3,000 of its treasury shares at $27 \\ cash per share. \\ \hline August22)Sold3,000ofitstreasurysharesat$19cashpershare. \\ \hline \begin{tabular}{l} September 5) Directors declared a $2 per share \\ cash dividend payable on October 28 to the \\ September 25 stockholders of record. \\ \hline October 28) Paid the dividend declared on \\ September 5. \end{tabular} \\ \hline December31)Closedthe$223,000creditbalance(fromnetincome)intheIncomeSummaryaccounttoRetainedEarnings. \\ \hline \end{tabular} Stockholders Equity Impact on Equity

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