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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 1)
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. The following transactions and events affected its equity during the year. January 5 Declared a 50.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 5 Declared a 50.50 per share cash dividend, date of record April 10. July 5 Declared a 50.50 per share cash dividend, date of record July 10. July 31 Dectared a 20 stock dividend when the stock's market value was $14 per share. August 14 issued the stock dividend that was declared on July 31 . October 5 Declared a $0.50 per share cash dividend, dote of record october 10. The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 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 stock's market value was $14 per share. August 14 Issued the stock dividend that was declared on July 31. October 5 Declared a $0.50 per share cash dividend, date of record october 10 . 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend
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