A due date moved Saved 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, 35,000 shares issued and outstanding $ 140,000 100,000 340,000 Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity Stockholders' Equity (December 31) Common stock-$4 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($40,000 restricted by treasury stock) Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. $ 580,000 $ 164,800 149,600 420,000 734,400 (40,000) $ 694,400 March 20 April 5 January 5 Declared a $0.60 per share cash dividend, date of record January 10. Purchased treasury stock for cash. Declared a $0.60 per share cash dividend, date of record April 10.. Declared a $0.60 per share cash dividend, date of record July 10. July 5 July 31 August 14 October 5 Declared a 20% stock dividend when the stock's market value was $12 or share. Issued the stock dividend that was declared on July 31. Declared a $0.60 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? Capitalization amount Help Save