4. What is the per share cost of the treasury stock purchased? 5. How much net income did the company earn this year? Problem 11-4A (Static) Analyzing changes in stockholders' equity accounts LO C3, P2, P3 [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) fo \begin{tabular}{lr} Common stock- $4 par value, 100,000 shares authorized, 47,400 shares issued, 3,000 shares in \\ treasury & $189,600 \\ Paid-in capital in excess of par value, common stock & 179,200 \\ Retained earnings $30,000 restricted by treasury stock) & 400,000 \\ & 768,800 \\ Less cost of treasury stock & (30,000) \\ \hline Total stockholders' equity & $738,800 \\ \hline \end{tabular} The following transactions and events affected its equity during the year. January5March20April5July5July31August14October5Declareda$0.50persharecashdividend,dateofrecordJanuary10.Purchasedtreasurystockforcash.Declareda$0.50persharecashdividend,dateofrecordApril10.Declareda$0.50persharecashdividend,dateofrecordJuly10.Declareda20%stockdividendwhenthestocksmarketvaluewas$12pershare.IssuedthestockdividendthatwasdeclaredonJuly31.Declareda$0.50persharecashdividend,dateofrecordOctober10. 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% stock dividend when the stock's market value was $12 per share. August 14 Issued the stock dividend that was declared on July 31. October 5 Declared a $0.50 per share cash dividend, date of record October 10