Neil si Mail M busi 201 Business Researc... [The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follo Stockholders' Equity (January 1) Common stock-$6 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity Less cost of treasury stock Total stockholders' equity Stockholders' Equity (December 31) Common stock-$6 par value, 100,000 shares authorized, 47,400 shares issued, 3,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($50,000 restricted by treasury stock) Saved Net income 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 July 5 July 31 August 14 October 5 5. How much net income did the company earn this year? Declared a $0.50 per share cash dividend, date of record April 10. Declared a $0.50 per share cash dividend, date of record July 10. Declared a 20% stock dividend when the stock's market value was $10 per share. Issued the stock dividend that was declared on July 31. Declared a $0.50 per share cash dividend, date of record October 10. $ 240,000 200,000 340,000 $ 780,000 S $ 284,400 229,600 420,000 934,000 (50,000) $ 884,000

[The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) foll Stockholders' Equity (January 1) Common stock- $6 par value, 100,000 shares authorized, 40,000 shares issued and outstanding $240,000 Muraly 5 Declared a $0.50 per share cash dividend, date of record July 10. Jaly 31 Declared a 201 stock dividend when the stock's market value was $10 per ahare. August 14 Tasued the stock dividend that was declared on July 31 . Ootober 5 Deolared a $0.50 per ahare cash dividend, date of record ootober 10 . 5. How much net income did the company earn this year? [The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1 ) and end of the year (December 31) follo The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per sharo cash dividend, date of record January 10. March 20 purehased treasury btoek for cash. Apri1 5 Declared a $0.50 per sbaro 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 200 stoek dividend when the stock's market value was \$10 per share. Augunt 14 Iasued the stock dividend that was doclared on July 31. ootober 5 Deelared a $0.50 por ahare cauh dividend, date of record october 10. 5. How much net income did the company earn this year