Common stock $$ par value, 100,000 shares authorized, 47,200 shares issued, 4, 000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($50,000 restricted by treasury stock) Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. {:[" January "5," Declared a "$0.50" per share cash dividend, date of record January "10.],[" March "20,{:[" Purchased treasury stock for cash. "],[" April "5]:}," Declared a "$0.50" per share cash dividend, date of record April "10.],[" July "5," Declared a "$0.50" per share cash dividend, date of record July "10.],[" July "31," Declared a "20%" stock dividend when the stock's market value was "$14" per share. "],[" Augus