Streamline Company reports the following components of stockholders' equity on January 1. Common stock-510 par value, 120,000 shares authorized, 50,099 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders" equity During the year, the following transactions affected its stockholders equity accounts. January 2 Purchased 5,090 shares of its own stock at $23 cash per share. January 5 Directors declared a $2 per share cash dividend payable on february. 28 to the february 5 stockholders of recond. February 28 Pald the dividend declared on January 5 . July 6 Sold 2 , 5ee of its treasury shares at $27 cash per share. August 22 sold 2,500 of its treasury shares at $19 cash per share. Septenber 5 Directors declared a $2 per share cash dividend payable on october 28 to the 5 eptember 25 stockholders of record. October 28 Paid the dividend declared on Septenber 5 . December 31 Closed the $206,500 credlit balance (fron net incone) in the Income Suemary account to Retained Earnings. During the year, the following transactions affected its stockholders'D equity accounts. Prepare the necessary journal entries. If no journal entry is required, select "No journal entry required" in the first input box; Journal entry worksheet 2345678 Purchased 5,000 shares of its own stock at 523 cash per share. Iistet Enturi Gebits before credits. Journal entry worksheet 8 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. Note: Enter debits before credits. lecember i1 (losed the \$266, b66 credit balance (trom net income) in the lncome summary acc During the year, the following transactions affected its stockholders' equity accounts. Prepare journal entry is required, select "No journal entry required" in the first input box. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet 12 Sold 2,500 of its treasury shares at $27 cash per share. Note: Enter debits before credits. Journal entry worksheet 1 Sold 2,500 of its treasury shares at $19 cash per share. Note: Enter debits before credits. Journal entry worksheet \begin{tabular}{lllll|l}