Stockholders Equity (December 31, 2016)

Common stock- $4 par value, 100,000 shares authorized,

47,400, shares issued, 3,000 shares in treasury ............... $189,600

Paid-in capital in excess of par value, common stock ............... $179,200

Retained earnings ($30,000 restricted by treasury stock) ............... $400,000

$768,800

Less cost of treasury stock ............................................................... ($30,000)

Total stockholders equity ............................................................... $738,800

The following transactions and events affected its equity during year 2016.

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 21 Declared a 20% stock dividend when the stocks market value is $12 a 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

How many common shares are outstanding on each cash dividend date?

What is the total dollar amount for each of the four cash dividends?

What is the amount of the capitalization of retained earnings for the stock dividend?

What is the per share cost of the treasury stock purchased?

How much net income did the company earn during year 2016?