Exercise 13-4A: The equity sections from Atticus Group's 2015 and 2016 year-end balance sheets follow Problem 13-4A Analysis of changes in stockholders' equity accounts Stockholders Equity (December 31, 2015) Common stock-$4 par value, 100,000 shares an C3 P2 P3 authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $160,000 .. ..120,000 320,000 $600.000 Stockholders' Equity (December 31,2016) Common stock $4 par value, 100,000 shares Paid-in capital in excess of par value, common stock ...............179.200 Retained earnings ($30,000 restricted by treasury stock-. 00.000 768.800 90.000 Total stockholders' equity ...S738.800 The following transactions and events affected its equity during year 2016. Jan. 5 Declared a SO.50 per share cash dividend, date of record January 10 Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0.50 per share cash dividend, date of record April 10. July 5 Declared a S0.50 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value is S12 per share. Aug. 14 Issued the stock dividend that was declared on July 31 Oct. 5 Declared a $0.50 per share cash dividend, date of record October 10 Required 1. How many common shares are outstanding on each cash dividend date? 2. What is the total dollar amount for each of the four cash dividends? 3. What is the amount of the capitalization of retained earnings for the stock dividend? 4. What is the per share cost of the treasury stock purchased? 5. How much net income did the company earn during year 2016? Check (3) $88.800 4) $10 (5) $248,000