Problem 13-2A 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, 2018, Common stock-$20 par value, 100, 000 shares authorized, 45,000 shares issued and outstanding Pald-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 900,000 70,000 460,000 51,430,000 Jan. During 2019, the following transactions affected its stockholders' equity accounts: Jan. 2 Purchased 4,500 shares of its own stock at $25 cash per share. 5 Directors declared a $2 per share cash dividend payable on February 23 to the February 5 stockholders of record. Feb. 28 Paid the dividend declared on January 5. July 6 Sold 1,688 of its treasury shares at $29 cash per share. Aug 22 Sold 2,812 of its treasury shares at $22 cash per share. Sept. 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of Oct. 28 Paid the dividend declared on September 5. Dec. 31 closed the $420,000 credit balance (fron net income in the Income Summary account to retained Earnings Required: 1. Prepare journal entries to record each of these transactions 2. Prepare a statement of retained earnings for the year ended December 31, 2019 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. Complete this question by entering your answers in the tabs below, Required 1 Required 2 Required Dar nu slentries to record each of the transactions Prepare journal entries to record each of these transactions. View transaction list Journal entry worksheet record. Oct. 28 Paid the dividend declared on September 5. Dec. 31 Closed the $428,000 credit balance (from net income) in the Income Summary account to Retained E Required: 1. Prepare journal entries to record each of these transactions. 2. Prepare a statement of retained earnings for the year ended December 31, 2019. 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. KOHLER CORPORATION Stockholders'Equity Section of the Balance Sheet December 31, 2019 Total contributed capital 0 Total stockholders' equity $ 0