Chapters 12,13,14- Due 021520... Saved Help Sev 4 Contributed capital: Common shares, 50,000 shares authorized; 23,880 and 22,000 shares issued and outstanding, respectively Retained earnings 2021 2020 $525,360 $440,000 566,000 454,000 The following transactions occurred during 2021 (assume the retirements were the first ever recorded by Westburne) bints Skipped Jan. 5 A $1.20 per share cash dividend was declared, and the date of record was five days later. Mar. 20 2,100 common shares were repurchased and retired at $20.00 per share. eBook Print References Apr. 5 A $1.20 per share cash dividend was declared, and the date of record was five days later. July 5 A $1.20 per share cash dividend was declared, and the date of record was five days later. July 31 A 20% share dividend was declared when the market value was $32.00 per share. Aug. 14 The share dividend was issued. Oct. 5 A $1.20 per share cash dividend was declared, and the date of record was five days later. Required: 1. How many shares were outstanding on each of the cash dividend dates? Jan. 5 Apr. 5 July 5 Oct. 5 Outstanding shares 4 Aug. 14 The share dividend was issued. Oct. 5 A $1.20 per share cash dividend was declared, and the date of record was five days later. Required: 1. How many shares were outstanding on each of the cash dividend dates? 10 points Jan. 5 Apr. 5 July 5 Oct. 5 Skipped Outstanding shares Book Print References 2. How much profit did the company earn during 2021? Profit Check my