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2) Record the declaration of a cash dividend of $4 per share.

3) Record the payment of the cash dividend.

4) Record the reissue of 2,250 shares of the treasury stock for $19 cash per share.

5) Record the reissue of 3,750 shares of the treasury stock for $12 cash per share.

6) Record the declaration of a cash dividend of $4 per share.

7) Record the payment of the cash dividend.

8) Record the entry to close the income summary account having a credit balance of $408,000.

Kohler Corporation reports the following components of stockholders' equity on December 31, 2017 Common stock-$28 par value, 188,8e8 shares authorized, 45,88 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 988,886 78,886 430,80e $1,488,ee In year 2018, the following transactions affected its stockholders' equity accounts. Jan 1 Purchased 6,880 shares of its own stock at $15 cash per share. Jan. 5 Directors declared a $4 per share cash dividend payable on February 28 to the February 5 stockholders of record Feb. 28 Paid the dividend declared on January 5 Aug. 22 Sold 3,758 of its treasury shares at $12 cash per share Sept. 5 Directors declared a $4 per share cash dividend payable on October 28 to the September 25 stockholders of record Oct. 28 Paid the dividend declared on September 5. Dec. 31 closed the $488,88 credit balance (from net income) in the Income Summary account to Retained Earnings Required: 1. Prepare journal entries to record each of these transactions for 2018. 2. Prepare a statement of retained earnings for the year ended December 31, 2018. 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31. 2018. Complete this question by entering your answers in the tabs below