Home-Blackboard Learn [The following information applies to the questions displayed below The equity sections from Atticus Group's 2015 and 2016 year-end balance sheets follow Stockholders' Equity (December 31, 2015) Common stock-$5 par value, 50,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 175,000 135,000 360,000 $670,000 Stockholders Equity (December 31, 2016) Common stock- $5 par value, 50,000 shares authorized,. 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($40,000 restricted by treasury stock) S 206,000 190,800 420.000 816,800 (40,000) s 776,800 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during year 2016. Jan. 5 Declared a $0.50 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 was $14 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