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Required information [The following information applies to the questions displayed below] The equity sections for Atticus Group at the beginning of the year (January
Required information [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-$5 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 $175,000 135,000 320,000 $630,000 Stockholders' Equity (December 31) Common stock-$5 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 ($40,000 restricted by treasury stock) Less cost of treasury stock Total stockholders equity The following transactions and events affected its equity during the year. $206,000 178,400 440,000 824,400 (40,000) $784,400 9 Prev 1 2 3 5 of 5 Next
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