5 of 5 Required information 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, Stockholders' Equity (January 1) Common stock-$4 par value, 100,000 shares authorized, 40,000 shares issued and outstanding $160,000 Paid-in capital in excess of par value, common stock 120,000 Retained earnings 340,000 Total stockholders' equity 5620,000 ed Hoor stockholders Equity (December 31) Common stock-34 par value. 100,000 shares authorired, 47,200 shares Issued. 4,000 shares in treasury Paid in capital in excess of par value, coenon stock Hetained earnings (550,000 restricted by treasury stock) AK 5138,000 163,200 440,000 72,000 50.000) 5742,000 Lean cost of treasury stock Total stockholders' equity forces The following transactions and events affected its equity during the year Jan 5 Declared a 59.56 per share cash dividend date of record January 10 Mar 20 Purchased treasury stock for cash 5 Declared a 50.50 per share cash dividend, date or record April 10. July 5 Declared a 30.50 per share cash dividend, date of record July 20 July, 21 Declared a 20% stock dividend when the stock market value was 31 per share Aug 14 Issued the stock dividend that was declared on July 51 Octs Declared a $0.50 per share cash dividend. date of record October 20 S. How much net income did the company earn this year? Next