Kohler Corporation reports the following components of stockholders$$ equity on January $1.$

Common stock$$$$10$ par value, $100,000$ shares authorized, $40,000$ shares issued and outstanding $ $400,000$

Paid$-$in capital in excess of par value, common stock $60,000$

Retained earnings $270,000$

Total stockholders' equity $ $730,000$

During the year, the following transactions affected its stockholders$$ equity accounts.

January $2$ Purchased $4,000$ shares of its own stock at $$20$ cash per share.

January $5$ Directors declared a $$2$ per share cash dividend payable on February $28$ to the February $5$ stockholders of record.

February $28$ Paid the dividend declared on January $5.$

July $6$ Sold $2,000$ of its treasury shares at $$24$ cash per share.

August $22$ Sold $2,000$ of its treasury shares at $$16$ cash per share.

September $5$ Directors declared a $$2$ per share cash dividend payable on October $28$ to the September $25$ stockholders of record.

October $28$ Paid the dividend declared on September $5.$

December $31$ Closed the $$388,000$ credit balance $($from net income$)$ in the Income Summary account.

For each transaction, indicate the impact on total stockholders' equity. Enter decreases to equity as negative values. Verify that total Stockholders' equity as of December $31,$ as calculated, agrees with the amount reported on the balance sheet.tained Earnings.