can you please explain # 2 n 3 step by step how you get the answer

of these transactions. 2. Prepare a statement of retained earnings for the year ended December 31, 2019. 3. Prepare the stockholders' equity section of the company's balance sheet as of De Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the stockholders' equity section of the company's balance sheet as of Decembe KOHLER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31, 2019 Common stock - $10 par value $ 450,000 Paid-in capital in excess of par value, common stock 80,000 Total contributed capital 530,000 Retained earnings 530,000 Total stockholders' equity $ 1,060,000