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Required information [The following information applies to the questions displayed below.] The equity sections from Atticus Groups 2016 and 2017 year-end balance sheets follow. Stockholders

Required information

[The following information applies to the questions displayed below.] The equity sections from Atticus Groups 2016 and 2017 year-end balance sheets follow.

Stockholders Equity (December 31, 2016)
Common stock$5 par value, 100,000 shares authorized, 35,000 shares issued and outstanding $ 175,000
Paid-in capital in excess of par value, common stock 135,000
Retained earnings 320,000
Total stockholders equity $ 630,000

Stockholders Equity (December 31, 2017)
Common stock$5 par value, 100,000 shares authorized, 41,400 shares issued, 3,000 shares in treasury $ 207,000
Paid-in capital in excess of par value, common stock 192,600
Retained earnings ($50,000 restricted by treasury stock) 440,000
839,600
Less cost of treasury stock (50,000 )
Total stockholders equity $ 789,600

The following transactions and events affected its equity during year 2017.

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 $14 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.

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

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