GL1302 (Static) - Based on Problem 13.4A Atticus Group LO C3, P2, P3 The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow Stockholders uity Cry 1) Comon stock-$4 par valut. 100,000 shares authorised, 40,000 shares issued and outstanding Pald-in capital in excess of par value, common stock Metained earning Total stockholdersequity $160.000 120.000 320,000 5400.000 Stockholders' ty conceber 31 Common stock-56 per value, 100,000 shares authorised, 67,400 shares issued, 3,000 shares in treasury Pald-in capital in excess of par value, con stock Betained earnings (5.10,000 restricted by treasury stock) Less cost of trury stack Total stockholders' equity $ 189, 199,200 40.000 755,00 (30.000 $ 3,00 The following transactions and events affected its equity during the year January Declared a 50.50 per share cash dividend, payable on January 10. March 20Purchased treasury stock for cash. April Declared sese per share cat dividend, payable on April 10. Julys Declared 50.Se per share cash dividend, payable on July 10. July 31 Declared a 20 stock dividend when the stocks arket value was $12 per share, ut 4 Issund the stock divided that was declared on July 11. October 5 Declared 50.50 per share cash didend, date of record October 18. Requirement General Journal General Ledger Trial Balance Cash Dividenda Stock Dividend The following transactions and events affected its equity during the year. Prepare the journal entry necessary to record och event, and then agree the year-end balances with the December 31 Stockholders' Equity statement given above Required information Problem 14-4A (Algo) Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below) Legacy issues $560,000 of 90%, four-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31, They are issued at $507,831 when the market rate is 12% Problem 14-4A (Algo) Part 1 Required: 1. Prepare the January 1journal entry to record the bonds issuance View transaction ist Journal entry worksheet