14

The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 5 Declared a $0.50 per share cash dividend, date of record April 10. July 5 Declared a $0.50 per share cash dividend, date of record July 10 . July 31 Declared a 20 s stock dividend when the stock's market value was $12 per share. August 14 Issued the stock dividend that vas declared on July 31 . October 5 Declared a $0.50 per share cash dividend, date of record october 10 . 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 5 Declared a $0.50 per share cash dividend, date of record April 10. July 5 Declared a $0.50 per share cash dividend, date of record July 10 . July 31 Declared a 20 s stock dividend when the stock's market value was $12 per share. August 14 Issued the stock dividend that vas declared on July 31 . October 5 Declared a $0.50 per share cash dividend, date of record october 10 . 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend