Required information Problem 13-4A Analyzing changes in stockholders' equity accounts LO C3, P2, P3 [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) Connon stock-$6 par value, 189,882 shares authorized, 35,880 shares issued and outstanding $210, eee Paid-in capital in excess of par value, common stock 170,000 Retained earnings 348,eee Total stockholders' equity $728,eee Stockholders' Equity (December 31) Connon stock-$6 par value, 188,882 shares authorized, 41,280 shares issued, 4,880 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($60,888 restricted by treasury stock) Less cost of treasury stock Total stockholders' equity $247,280 194,800 400,00 842,800 (60,000) $782,00 The following transactions and events affected its equity during the year. Jan. 5 Declared a $2.50 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. 5 Declared a $2.5 per share cash dividend, date of record April 1e. July 5 Declared a $0.50 per share cash dividend, date of record July 10. July 31 Declared a 2ex 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 $2.58 per share cash dividend, date of record October 18. Problem 13-4A Part 1 Required: 1. How many common shares are outstanding on each cash dividend date? Jan. 5 Apr. 5 July 5 Oct. 5 Outstanding common shares Problem 13.4A Part 2 2 What is the total dollar amount for each of the four cash dividends? Jan. 5 Apr. 5 July 5 Oct. 5 Cash dividend amounts Problem 13.4A Part 3 3. What is the amount of retained earnings transferred to pald-in capital accounts (capitalized) for the stock dividend? Capitalization amount Problem 13.4A Part 4 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Cost per share Problem 13-4A Part 5 5. How much net Income did the company earn this year? Net income Required information Problem 13-4A Analyzing changes in stockholders' equity accounts LO C3, P2, P3 [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) Connon stock-$6 par value, 189,882 shares authorized, 35,880 shares issued and outstanding $210, eee Paid-in capital in excess of par value, common stock 170,000 Retained earnings 348,eee Total stockholders' equity $728,eee Stockholders' Equity (December 31) Connon stock-$6 par value, 188,882 shares authorized, 41,280 shares issued, 4,880 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($60,888 restricted by treasury stock) Less cost of treasury stock Total stockholders' equity $247,280 194,800 400,00 842,800 (60,000) $782,00 The following transactions and events affected its equity during the year. Jan. 5 Declared a $2.50 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. 5 Declared a $2.5 per share cash dividend, date of record April 1e. July 5 Declared a $0.50 per share cash dividend, date of record July 10. July 31 Declared a 2ex 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 $2.58 per share cash dividend, date of record October 18. Problem 13-4A Part 1 Required: 1. How many common shares are outstanding on each cash dividend date? Jan. 5 Apr. 5 July 5 Oct. 5 Outstanding common shares Problem 13.4A Part 2 2 What is the total dollar amount for each of the four cash dividends? Jan. 5 Apr. 5 July 5 Oct. 5 Cash dividend amounts Problem 13.4A Part 3 3. What is the amount of retained earnings transferred to pald-in capital accounts (capitalized) for the stock dividend? Capitalization amount Problem 13.4A Part 4 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Cost per share Problem 13-4A Part 5 5. How much net Income did the company earn this year? Net income
