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Required information Problem 11-4A Analysis of changes in stockholders' equity accounts LO C3, P2, P3 [The following information applies to the questions displayed below.] The

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Required information Problem 11-4A Analysis of changes in stockholders' equity accounts LO C3, P2, P3 [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, 2017) Common stock-$4 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 $ 140,000 100,000 360,000 $ 600,000 Stockholders' Equity (December 31, 2018) Common stock-$4 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($50,000 restricted by treasury stock) $164,800 137,200 420,000 722,000 (50,000) $672,000 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during year 2018. 5 Declared a $0.50 per share cash dividend, date of record January 10 Jan Mar. 20 Purchased treasury stock for cash. Apr 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. 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 April 10 5 Declared a $0.50 per share cash dividend, date of record October 10. Problem 11-4A Part 1 Required: 1. How many common shares are outstanding on each cash dividend date? Jan. 5 Oct. 5 Apr. 5 July 5 Outstanding common shares 2. What is the total dollar amount for each of the four cash dividends? Apr. 5 Oct. 5 Jan. 5 July 5 Cash dividend amounts 3. What is the amount of the capitalization of retained earnings for the stock dividend? Capitalization amount Problem 11-4A Part 4 4. What is the per share cost of the treasury stock purchased? (Round your answer to the nearest whole dollar amount.) Cost per share Problem 11-4A Part 5 5. How much net income did the company earn during year 2018? Net income

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