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please help me ASAP i will thumbs up Problem 13-2A (Algo) Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Kohler

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Problem 13-2A (Algo) Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Kohler Corporation reports the following components of stockholders' equity at December 31 of the prior year. Comnon stock- 525 par value, 100,000 sharea authorized, 55,000 shares isged and outstanding paid-in capital in excess of par value, eommon atock Retained earnings Total stockholders' equity 31,375,00070,000430,00051,875,000 During the current year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 4,000 shares of 1 ts ewn stock at $25 cash per share. January 5 Directort declared a, $4 per share caah dividend payable on February 28 to the February 5 stockholders of record. February 28 Paid the dividend declared on Jandary 5. July 6 sold 2,000 of its treasury sharen at $29 eash per share. August 22 Sold 2,000 of its treasury shares at $21 cash per share. Septenber 5 Directors declared a $4 per-whare cash dividend payable on october 28 to the septenber 25 atockholdera of record. October 28 paid the dividend declared on september 5 . December 31 closed the $368,000 credit balance (from net incone) in the Income Sumnary acceunt to Retained Farningn : Required: 1. Prepare journal entries to record each of these transactions. 2. Prepare a statement of retained earnings for the current year ended December 31 . 3. Prepare the stockholders' equity section of the balance sheet as of December 31 of the current year

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