Record the declaration of a cash dividend of \\( \\$ 6 \\) per share. Note: Enter debits before credits: Record the payment of the cash dividend. Note: Enter debits before credits. Record the entry to close the \\( \\$ 388,000 \\) credit balance (from net income) in the Income Summary account to Retained Earnings. Note: Enter debits before credits. Record the reissue of 2,500 shares of the treasury stock for \\( \\$ 19 \\) cash per share. Note: Enter debits before credits: Prepare a statement of retained earnings for the current year ended December 31. Note: Amounts to be deducted should be indicated by a minus sign. Record the payment of the cash dividend. Note: Enter debits before credits. Kohler Corporation reports the following components of stockholders' equity at December 31 of the prior year. Common stock-\\$20 par value, 100,060 shares authorized, 50,00e shares 1ssued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders\" equity \\$ \\( 1, \\theta 0 \\theta, \\theta 00 \\) 60,000 370,000 \\( \\$ 1,430,000 \\) During the current year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 5 , 000 shares of 1 ts own stock at \\( \\$ 15 \\) cash per share. January 5 Directors declared a 56 per share cash dividend payable on February 28 to the february 5 stockholders of record. February 28 Paid the dividend declared on January 5 . July 6 sold 2,500 of its treasury shares at \\( \\$ 19 \\) cash per share, August 22 sold 2,500 of its treasury shares at \\( \\$ 11 \\) cash per share. September 5 Directors declared a \\( \\$ 6 \\) per share cash dividend payable on october 28 to the September 25 stockholders of record. October 28 Paid the dividend declared on september 5. December 31 Closed the \\( \\$ 388,00 \\theta \\) credit balance (from net incope) in the Income Sumary account to Retained Earnings. Prepare the stockholders' equity section of the balance sheet as of December 31 of the curren Record the purchase of 5,000 shares of its own common stock for \\( \\$ 15 \\) cash per share. Note: Enter debits before credits. Record the reissue of 2,500 shares of the treasury stock for \\( \\$ 11 \\) cash per share. Note: Enter debits before credits. Record the declaration of a cash dividend of \\( \\$ 6 \\) per share. Note: Enter debits before credits