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Required information Problem 11-4A Analyzing changes in stockholders' equity accounts LO C3, P2, P3 Skip to question [The following information applies to the questions displayed

Required information

Problem 11-4A Analyzing changes in stockholders' equity accounts LO C3, P2, P3

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[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) follow.

Stockholders Equity (January 1)
Common stock$6 par value, 100,000 shares authorized, 35,000 shares issued and outstanding $ 210,000
Paid-in capital in excess of par value, common stock 170,000
Retained earnings 320,000
Total stockholders equity $ 700,000

Stockholders Equity (December 31)
Common stock$6 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury $ 247,200
Paid-in capital in excess of par value, common stock 207,200
Retained earnings ($40,000 restricted by treasury stock) 400,000
854,400
Less cost of treasury stock (40,000 )
Total stockholders equity $ 814,400

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 $0.50 per share cash dividend, date of record July 10.
July 31 Declared a 20% stock dividend when the stocks market value was $12 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.

Problem 11-4A Part 2

2. What is the total dollar amount for each of the four cash dividends?

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Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the book value per share of the preferred and common stock for three years of preferred dividends are in arrears. Book Value per Common Share Choose Numerator: Choose Denominator: Book Value per Common Share Stockholders' equity applicable to common shares 1 Number of common shares outstanding Book value per common share = 0

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