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Please include steps to the solutions. Thank you. W The equity sections for Atticus Group at the beginning of the year (January 1) and end

Please include steps to the solutions. Thank you.

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W 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-$5 par value, 100,000 shares authorized, 30,060 shares issued and outstanding $150,906 of 5 Paid-in capital in excess of par value, common stock 110, 900 Retained earnings 360, 900 Total stockholders' equity $620,090 Stockholders' Equity (December 31) pped Common stock-$5 par value, 100,000 shares authorized, 35, 000 shares issued, 5,000 shares in treasury $175, 090 Paid-in capital in excess of par value, common stock 135, 060 Book Retained earnings ($30,000 restricted by treasury stock) 408, 009 710,090 Print Less cost of treasury stock (30, 000) ferences Total stockholders' equity $680,090 The following transactions and events affected its equity during the year. 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 30. 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. 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. 5. How much net income did the company earn this year

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