! 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-34 par value, 100,000 shares authorized, 35,000 shares issued and outstanding $140,000 Paid-in capital in excess of par value, common stock 100,000 Retained earnings 340,000 Total stockholders' equity $589,000 2 Stockholders' Equity (December 31) Common stock-$4 par value, 100,000 shares authorized, 41.200 shares issued, 4, eee shares in treasury Paid-in capital in excess of par value, common stock Retained earnings (55e,ne restricted by treasury stock) $164,800 149,600 420.000 734,400 X50.000 $684,400 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. Jan. 5 Declared a $0.50 per share cash dividend, date of record January 1e. Mar. 20 Purchased treasury stock for cash. Apr 5 Declared a $9.5e per share cash dividend, date of record April 10. July 5 Declared a $0.5e per share, cash dividend, date of record July 10. July 31 Declared a 2ex stock dividend when the stock's market value was $12 per share. Aug. 14 Issued the stock dividend that was declared on July 31 Oct. 5 Declared a se.se per share cash dividend, date of record October 10 5. How much net income did the company earn this year? Net income