Kohler corporation reports the following components of

Kohler Corporation reports the following components of stockholders' equity on December 31, 2013:


Common stock-$20 par value, 100,000 shares authorized, 55,000 shares issued and outstanding	$	1,100,000
Paid-in capital in excess of par value, common stock		60,000
Retained earnings		400,000

Total stockholders' equity	$	1,560,000

In year 2014, the following transactions affected its stockholders' equity accounts.

Jan.	1	Purchased 4,500 shares of its own stock at $20 cash per share.
Jan.	5	Directors declared a $6 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record.
Feb.	28	Paid the dividend declared on January 5.
July	6	Sold 1,688 of its treasury shares at $24 cash per share.
Aug.	22	Sold 2,812 of its treasury shares at $17 cash per share.
Sept.	5	Directors declared a $6 per share cash dividend payable on October 28 to the September 25 stockholders of record.
Oct.	28	Paid the dividend declared on September 5.
Dec.	31	Closed the $388,000 credit balance (from net income) in the Income Summary account to Retained Earnings.

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Kohler corporation reports the following components of : kohler corporation reports the following components of stockholders equity on december 31 2013nbspnbspnbspcommon

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