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Problem 11-2A (Algo) Cash dividends, treasury stock, and statement of retained earnings LO C3, P2, P3 Kohler Corporation reports the following components of stockholders' equity

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Problem 11-2A (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. During the current year, the following transactions affected its stockholders' equily accounts. Tanuary 2 Purctiased 4,000 thares of Its oun stock af $15 cash per share. Iebruary 28 Paid the dividend declared on January is July 6 Sold 2,0 , of its treasury shares at 219 cash per share. August 22 Sold 2, 000 of its treapury shares at $11 cash per share. Octaber 25 Paid the dividend declaredion Septesber 5. Required: 1. Prepare jounal entries to record each of these transactions. 2. Prepare statement of retained earnings for the curent yeat ended December 31. 3. Prepare the stockholders' equify section of the balance sheet as of Decertber 31 of the current year. Complete this question by entering your answers in the tabs beiow

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