Prepare journal entries to record each of these transactions for 2014 Prepare the stockholders' equity section of the companys balance sheet as of December 31, 2014. Prepare a statement of retained earnings for the year ended December 31, 2014

Kohler Corporation reports the following components of stockholders' equity on December 31, 2013: Common stock-$20 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $ 800,000 60,000 430,000 Total stockholders' equity $1,290,000 In year 2014, the following transactions affected its stockholders' equity accounts. Purchased 4,500 shares of its own stock at $15 cash per share. Directors declared a $4 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record. Paid the dividend declared on January 5. Sold 1,688 of its treasury shares at $19 cash per share. Sold 2,812 of its treasury shares at $12 cash per share. Directors declared a $4 per share cash dividend payable on October 28 to the September 25 stockholders of record. Paid the dividend declared on September 5. Jan. Jan. 1 5 Feb. 28 July 6 Aug. 22 Sept. 5 Oct. 28 Retained Earnings