so for. It does not 6 Problem 13-2A Cash dividends, treasury stock, and statem ent of retained earnings LO C3, P2, P3 Kohler Corporation reports the following components of stockholders' equity on December 31, 2016 Paid-in capital in excess of par value, common stock 80,8ee Total stockholders" equity In year 2017, the following transactions affected its stockholders' equity accounts. Jan. 1 Purchased 4, 588 shares of its own stock at $25 cash per share. Dan. 5Directors declared a $2 per share Feb. 28 Paid the dividend declared on January 9. uly 6Sold 1,688 of its treasury shares at $29 cash per share. Aug. 22 Sold 2,812 of its treasury shares at $22 cash per share Sept. 5Director Oct. 28 Paid the dividend declared on September 5. cash dividend payable on February 28 to the February 5 stockholders of record s declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of Dec. 31 Closed the $428,009 credit balance (from net income) in the Income Sumary account to Retained Earnings K Prey 6 of 11 Next here to search Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate compl 6 Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 ts Prepare a statement of retaned earnings for the year ended December 31,2017. (Amounts to be deducted should be ndicated by.a.minus sign) KOHLER CORPORATION Statement of Retained Earnings For Year Ended December 31, 2017 Retained earnings, Dec. 31 2016 s 460,000 428,000 0 Add: Net income 888,000 Less: Cash dividends declared 1,688 Retained earnings, Dec. 31S 889,688 2017 Required 1 K Prev 6 of 11 Next Si ere to search er 13 31, 2017 r 31, 20117 $ 1,000,000 stock80,000 1,080,000 Retained earnings 1,080,000 Required information Problem 13-4A Analysis of changes in stockholders' equity accounts LO C3, P2, P3 The following information applies to the questions displayed below] The equity sections from Atticus Group's 2016 and 2017 year-end balance sheets follow of 5 Common stock-$6 par value, 100,800 shares authorized, 3e,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $180,000 146,000 320,880 Total stockholders equity Common stock-$6 par value, 100,ee0 shares Paid-in capital in excess of par value, common stock Retained earnings (sse,eee restricted by treasury stock) authorized, 35,400 shares issued, 3,e00 shares in treasury212,400 183,200 440,000 (50,000) Less cost of treasury stock Total stockholders' equity $785,600 The following transactions and events affected its equity during year 2017 Dan. 5 Declared a se.se per share cas Mar- 20 Purchased treasury stock for cash. h dividend, date of record January 1e