Please include all requirements Chegg, very helpful :)

Alexander Corporation reports the following components of stockholders' equity on December 31, 2016 Common stock-$25 par value, 70,000 shares authorized 48,000 shares issued and outstanding $1,200,000 96,000 403,000 $1,699,000 Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity In year 2017, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 4,800 shares of its own stock at $25 cash per share Jan. 7 Directors declared a $1.50 per share cash dividend payable on February 28 to the February 9 stockholders of record Feb. 28 Paid the dividend declared on January 7 July 9 Sold 1,920 of its treasury shares at $30 cash per share Aug. 27 Sold 2,400 of its treasury shares at $20 cash per share Sept. 9 Directors declared a $2 per share cash dividend payable on October 22 to the September 23 stockholders of record Oct. 22 Paid the dividend declared on September 9 Dec. 31 Closed the $70,000 credit balance (from net income) in the Income Summary 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 1Required 2 Required3 Prepare journal entries to record each of these transactions for 2017 View transaction list Journal entry worksheet Record the purchase 4,800 shares of its own common stock for $25 cash per share