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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)

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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) and end of the year (December 31) follow. Stockholders' Equity (January 1) Common #tock-$6 par value, 100,000 shares authorized, 35,000 shares inued and outstanding Paid-in capital in exces of por value, common stock Retained earnings Total stockholders' equity $ 210,000 170,000 340,000 $ 720,000 Stockholders' Equity (December 31) Common stock-$6 par value, 100,000 shares authorized, 41,000 shares foued, 5,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($40,000 restricted by treasury stock) $ 246,000 218,000 400,000 864,000 (40,000) $ 824,000 Lesa cost of treasury stock Total stockholders' equity 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 201 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. Required: 1. How many common shares are outstanding on each cash dividend date? January 5 April 5 July 5 October 5 Outstanding common shares 2. What is the total dollar amount for each of the four cash dividends? January 5 April S July 5 October 5 Cash dividend amounts 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? Capitalization amount 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Cost per share 5. How much net income did the company earn this year? Net income

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