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Connect Homework - Chapter 11 Help Save & Exit Submit Required information Problem 11-4A Analyzing changes in stockholders' equity accounts LO C3, P2, P3 (The following information applies to the questions displayed below.) Part 1 of 2 The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. points Stockholders' Equity (January 1) Common stock-$5 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity eBook $175,000 135.000 340,000 $650,000 Print References Stockholders' Equity (December 31) Common stock-$5 par value, 100,000 shares authorized, 41,000 shares issued, 5,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($60,000 restricted by treasury stock) $205,000 177,000 400,000 782,000 (60,000) $722,000 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. Connect Homework - Chapter 11 6 Save Help Save & Exit Submit Less cost of treasury stock Total stockholders' equity 704, Vuu (60, 800) $722,000 The following transactions and events affected its equity during the year. Part 1 of 2 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 stock's market value was $12 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. points eBook Print Problem 11-4A Part 1 References Required: 1. How many common shares are outstanding on each cash dividend date? Jan. 5 Apr. 5 July 5 Oct. 5 Outstanding common shares