xam 3-Chapter 11& Appendix 13A Help Save&Exlt Submit Kohler Corporation reports the following components of stockholders' equity on December 3t, 2016 14 10 par value 100,000 8hare. a thorized. 00, 00 ,000 Paid-in eapital is ecess of par value, eomon stock as)Total tockholders equity In year 2017, the following transactions affected its stockholders' equity accounts 1 Parchased 6,000 shares of its ovn stock at 52s oash per share. Jan. Jam- Directors declared a $4 per t share cash dividend payable on Tebruary 28 to tha February s stockholders ot dividend declared on January s reb 28 Paid the July 6Sold 2,250 of its treasury shares at $29 cash per share. sh per . 22 sold 3,750 of its trea.ury .hares at mea.h per "hare. Sapt. 5 pirectors delazed a si per ahare eash dividend pay ble on Detober 2 to heBepteber 25 stoekholders of Oct. 28 Paid the dividetd declared on Septenber S Dec. 31 Closed the "14,000 credit balance cer set iseo", in the the-Sumary aceount to Retained tnings. Required: 1. Prepare journal entries to record each of these transactions for 2017 2. Prepare a statement of retained earnings for the year ended December 31, 2017 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2017 Complete this question by entering your answers in the tabs below MacBook