Required:
1. How many common shares are outstanding on each cash dividend date?

	jan 5	April 5	july 5	october 5
outstanding common shares

3. What is the amount of the capitalization of retained earnings for the stock dividend?

4. What is the per share cost of the treasury stock purchased? (Round your answer to the nearest whole dollar amount.) 5. How much net income did the company earn during year 2018?

The following information applies to the questions displayed below The equity sections from Atticus Group's 2017 and 2018 year-end balance sheets follow. Stockholders' Equity (December 31, 2817) Common stock-$5 par value, 100,800 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity 200,e00 160,830 340,880 s 700,000 Stockholders' Equity (December 31, 2018) Common stock-$5 par value, 100,000 shares $236,000 196,800 420,000 852,000 (40,800) $812,80e authorized, 47,200 shares issued, 4,000 shares in treasur)y Paid-in capital in excess of par value, common stock Retained earnings ($40,000 restricted by treasury stock) Less cost of treasury stock Total stockholders' equit)y The following transactions and events affected its equity during year 2018 Jan. 5 Declared a $0.60 per share cash dividend, date of record January 10 Mar. 20 Purchased treasury stock for cash Apr. 5 Declared a $0.60 per share cash dividend, date of record April 10 Duly 5 Declared a $0.60 per share cash dividend, date of record July 10 July 31 Declared a 20% stock dividend when the stock's market value was $18 per share Aug. 14 Issued the stock dividend that was declared on July 31 Oct. 5 Declared a $0.60 per share cash dividend, date of record October 10