The stockholders' equity section of Whisper Co. at December 31, 2018 is as follows. Common stock-$20 par value, 100,000 shares authorized, 55,000 shares issued and outstanding $1,100,000 Paid-in capital in excess of par value, common stock 70,000 Retained earnings 430,000 Total stockholders' equity $1,600,000 During 2019, the company has the transactions including the following. Jan. 2 Purchased 5,500 shares of its own stock at $20 cash per share. Jan. 5 Directors declared a $6 per share cash dividend payable on February 28 to the February 5 stockholders of record. Feb. 28 Paid the dividend declared on January 5. July 6 Sold 2,063 of its treasury shares at $24 cash per share. Aug. 22 Directors declared a $6 per share cash dividend payable on October 28 to the September 25 stockholders of record. Sept 5 Sold 3,437 of its treasury shares at $17 cash per share. Oct. 28 Paid the dividend declared on September 5. Dec. 31 closed the $388,000 debit balance (from net loss) in the Income Summary account to Retained Earnings. Required: Prepare journal entries to record each of these transactions. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of these transactions. 6 Complete this question by entering your answers in the tabs below. Required 1 8 00:55.57 Prepare journal entries to record each of these transactions. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 Record the purchase of 5,500 shares of its own common stock for $20 cash per share. Note: Enter debits before credits General Journal Debit Credit Date Jan 02 Record entry Clear entry View general Journal