Bears, Inc.$\text{'}$s equity section of its balance sheet for the beg. of the current year $($i$.$e$.$ Jan. $1)$ and the end of the current year $($Dec$.31)$ follows:

Stockholders' Equity $[$Jan$.1].$

$\backslash$table$[[$Common Stock: $$4$ par, $100,000$ sh authorized, $40,000$ sh issued and outstanding,$160,000],[$Paid$-$in capital in excess of par value, common stock,$120,000],[$Retained earnings,$320,000],[$Total Stockholders' Equity,$600,000]]$

Stockholders' Equity $[$Dec$.31]$

$\backslash$table$[[$Common Stock: $54$ par, $100,000$ sh authorized, $47,400$ sh issued, $3,000$ sh$.$ of treasury stock,$189,600],[$Paid$-$in capital in excess of par value, common stock,$179,200],[$Retained earnings,$400,000],[,768,800]]$

Jan. $5$ Declared a $$0\mathrm{.}50$ per share cash dividend, date of record Jan. ${10}^{th}$

March $20$ Purchased treasury stock for cash

April $5$ Declared a $$0\mathrm{.}50$ per share cash dividend, date of record April ${10}^{th}$

July $5$ Declared a $$0\mathrm{.}50$ per share cash dividend, date of record July ${10}^{th}$

July $31$ Declared a $20\%$ stock dividend when the stock's market value was $$12$ per share

Aug. $14$ Issued the stock divided that was declared on July $31$

Oct. $5$ Declared a $$0\mathrm{.}50$ per share cash dividend, date of record Oct. ${10}^{th}$

Determine the number of common shares that are outstanding on each cash dividend date.

Determine the total dollar amount for each of the $4$ cash dividends.

Determined the amount of retained earnings transferred to paid$-$in capital accounts for the stock divided?

Determine the per$-$share cost of the treasury stock purchased.

Determine the net income the company earned this year$-$