How much net income did the company earn this year ?

The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. Stockholders' Equity (January 1) Common stock-$6 par value, 100,000 shares authorized, 35,000 shares issued and outstanding $ 210,000 Paid-in capital in excess of par value, common stock 170, 090 Retained earnings 320, 000 Total stockholders' equity $ 700, 000 Stockholders Equity (December 31) Common stock-$6 par value, 100,000 shares authorized, 41,400 shares issued, 3,000 shares in treasury $ 248, 400 Paid-in capital in excess of par value, common stock 195, 600 Retained earnings ($50,000 restricted by treasury stock) 420,000 864,000 Less cost of treasury stock (50, 000 ) Total stockholders' equity $ 814, 090 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 $10 per share. August 14 Issued the stock dividend that was declared on July 31. October 5 Declared a $0.50 per share cash dividend, date of record October 10.Skipped Problem 13-4A (Algo) Part 3 eBook 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? Print Capitalization amount References