$\backslash$table$[[,,$Cash,V$,,48,600],[4,$July $09,$Cash,,,$],[,$July,Treasury stock common,$0,43,200,],[,,$Treasury stock, common,O$,,36,000],[,,$Paid$-$in capital, treasury stock,$-,,7,2000],[5,$August $27,,,,],[,$August $27,$Cash,O$,36,000>,],[,,$Paid$-$in capital, treasury stock,$0,7,200,],[,,$Retained earnings,$(,1,800O,],[,,$Treasury stock, common,$,,45,000],[6,$September $09,$Retained earnings,$0,72,000,],[,,$Common dividend payable,$0,72,000,]]$

Alexander Corporation reports the following components of stockholders' equity at December $31,2019.$

Common stock$-$ $$25$ par value, $60,000$ shares authorized, $36,000$ shares issued and outstanding

Paid$-$in capital in excess of par value, comon stock

Retained carnings

Total stockholders' equity

During $2020,$ the following transactions affected its stockholders' equity accounts.

January $2$ Purchased $3,600$ shares of its own stock at $$25$ cash per share.

January $7$ Directors declared a $$1\mathrm{.}50$ per share cash dividend payable on February $28$ to the February $9$ stockholders of record.

February $28$ Paid the dividend declared on January $7.$

July $9$ Sold $1,440$ of its treasury shares at $$30$ cash per share.

August $27$ Sold $1,800$ of its treasury shares at $$20$ cash per share.

September $9$ Directors declared a $$2$ per share cash dividend payable on October $22$ to the Septenber $23$ stockholders of recond.

October $22$ Pald the dividend declared on September $9.$

December $31$ Closed the $$58,000$ credit balance $($from net income$)$ In the Income Sumary account to Retained Earnings.

Required:

Prepare journal entries to record each of these transactions.

Prepare a statement of retained earnings for the year ended December $31,2020.$

Prepare the stockholders' equity section of the company's balance sheet as of December $31,2020.$

HELP!!! I CANT FIGURE OUT SEPTEMBER $9$ TRANSACTION