10 [The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow, Part 1 of 5 Stookholdera' Equity (January i) Common stoek-54 par value, 100,000 whares authorized, 40,000 nhares issued and outitanding paid-in capital in excess of par value, common stoek \$ 160,000 714 Retained earnings Total stockholdern' equity 120,000 points 5tockbolders: Rquity (Decenber 11) Common stook- $4 par value, 100,000 shares authorized, 47,200 shares issued, 4,000 harea in treanury Daid-in capltal in excess of pac value, common stoek retained earnings (550,000 restricted by treasury atoek) Less coet of treasury stoek Total atoekholders " equity +100,000163,200420,000772,000(50,000)$722,000 The following transactions and events affected its equity during the year. January 5 Declared a $0.60 per share eash dividend, date of record January 10. March 20 Purchased treanury stock for cash. April 5 Declared a $0.60 per share cash dividend, date of record April 10. July 5 Declared a 50.60 per whare cash dividend, date of record July 10. Jaly 31 Declared a 201 stock dividend when the stock' li market value vas $10 per share. August 14 Insued the stoek dividend that was declared on July 31 . October 5 Declared a $0.60 per share cash dividend, date of record oetober 10. Stockholders: Equity (December 31) Common stock-\$4 par value, 100,000 shares authorized, 47,200 shares issued, 4,000 shares in treasury paid-in capital in excess of par value, common stock Retained earnings ( $50,000 restricted by treasury stock) tess cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. January 5 Declared a $0.60 per share cash dividend, date of record January 10. March 20 Purchased treasury stook for cash. April 5 Declared a $0.60 per share cash dividend, date of record April 10. July 5 Declared a $0.60 per share cash dividend, date of record July 10. July 31 Declared a 208 stock dividend when the stock's market value was $10 per share. August 14 Issued the stock dividend that was declared on July 31. october 5 Declared a $0.60 per share cash dividend, date of record october 10. Required: 1. How many common shares are outstanding on each cash dividend date? 2. What is the total dollar amount for each of the four cash dividends? 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) 5. How much net income did the company earn this year