What is carnings oquals $695.000 December 31, 2016 Kohler Corporation reports the following components of stockholders' equity on em 13. videos tres and statement deaming Canon 100.000 shares authorized, otstang tot sare, common stock $400,000 60,000 270.000 $730,000 Strokol in year 2017, the following transactions affected its stockholders' equity accounts, Jan Purchased 4,000 shares of its own stock at $20 cash per share. Jan 5 Directors declared a $2 per share cash dividend payable on February 28 to the February stockholders of record Feb. 28 Paid the dividend declared on January 5. July 6 Sold 1,500 of its treasury shares at $24 cash per share. Aug. 22 Sold 2,500 of its treasury shares at $17 cash per share. Sep. 5 Directors declared a $2 per share cash dividend payable on October 28 to the September stockholders of record Oct. 28 Paid the dividend declared on September 5. Dec. 31 Closed the $388,000 credit balance (from net income) in the Income Summary accour Retained Earnings. be Phique journal entries to record each of these transactions for 2017. 2 Pepure a statement of retained earnings for the year ended December 31, 2017 More the stockholders' equity section of the company's balance sheet as of December 31, 2017. nnect ctions. The mund Check (2) Retained earning Dec 31, 2017.5504,500