Using the information below please make the journal entry and fill in the answers for Table 2 & Table 3. Thank you :) Please help, this is due tonight.

Alexander Corporation reports the following components of stockholders equity on December 31, 2015:

Common stock$25 par value, 60,000 shares authorized, 37,000 shares issued and outstanding		$	925,000
Paid-in capital in excess of par value, common stock			74,000
Retained earnings			364,000
Total stockholders equity		$	1,363,000

In year 2016, the following transactions affected its stockholders equity accounts.

Required:
1.	Prepare journal entries to record each of these transactions for 2016.

Jan.	2	Purchased 3,700 shares of its own stock at $25 cash per share.
Jan.	7	Directors declared a $1.50 per share cash dividend payable on Feb. 28 to the Feb. 9 stockholders of record.
Feb.	28	Paid the dividend declared on January 7.
July	9	Sold 1,480 of its treasury shares at $30 cash per share.
Aug.	27	Sold 1,850 of its treasury shares at $20 cash per share.
Sept.	9	Directors declared a $2 per share cash dividend payable on October 22 to the September 23 stockholders of record.
Oct.	22	Paid the dividend declared on September 9.
Dec.	31	Closed the $59,000 credit balance (from net income) in the Income Summary account to Retained Earnings.

Prepare a statement of retained earnings for the year ended December 31, 2016. (Amounts to be deducted should be indicated by a minus sign.)

ALEXANDER CORPORATION
Statement of Retained Earnings
For Year Ended December 31, 2016

3.

Prepare the stockholders equity section of the companys balance sheet as of December 31, 2016. (Amounts to be deducted should be indicated by a minus sign.)

ALEXANDER CORPORATION
Stockholders Equity Section of the Balance Sheet
December 31, 2016
Total stockholders equity