How much net income did the company earn during year 2016?

The equity sections from Atticus Groups 2015 and 2016 year-end balance sheets follow.

Stockholders Equity (December 31, 2015)
Common stock$5 par value, 50,000 shares authorized, 40,000 shares issued and outstanding	$	200,000
Paid-in capital in excess of par value, common stock		160,000
Retained earnings		320,000
Total stockholders equity	$	680,000

Stockholders Equity (December 31, 2016)
Common stock$5 par value, 50,000 shares authorized, 47,200 shares issued, 4,000 shares in treasury	$	236,000
Paid-in capital in excess of par value, common stock		224,800
Retained earnings ($40,000 restricted by treasury stock)		420,000
		880,800
Less cost of treasury stock		(40,000	)
Total stockholders equity	$	840,800

The following transactions and events affected its equity during year 2016.

Jan.	5	Declared a $0.40 per share cash dividend, date of record January 10.
Mar.	20	Purchased treasury stock for cash.
Apr.	5	Declared a $0.40 per share cash dividend, date of record April 10.
July	5	Declared a $0.40 per share cash dividend, date of record July 10.
July	31	Declared a 20% stock dividend when the stocks market value is $14 per share.
Aug.	14	Issued the stock dividend that was declared on July 31.
Oct.	5	Declared a $0.40 per share cash dividend, date of record October 10.