Thanks for your assistance and can you please show work/formulas for any calculations you do?

GL1102 - Based on Problem 11-4A LO C3, P2, P3 The equity sections for Arnold Group at the beginning of the year (January 1) and end of the year (December 31) follow. Stockholders' Equity (January 1) Common stock-$12 par value, 140,000 shares authorized, 60,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 720,000 108,000 590,000 $1,418,000 Stockholders' Equity (December 31) Common stock-$12 par value, 140,000 shares authorized, 65,650 shares issued, 3,500 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($84,000 restricted by treasury stock) Less cost of treasury stock Total stockholders' equity $ 787,800 187,100 1,060,000 2,034,900 (84,000) $1,950, 900 The following transactions and events affected its equity during the year. Jan. 5 Declared a $2.20 per share cash dividend, payable on January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $2.20 per share cash dividend, payable on April 10. July 5 Declared a $2.20 per share cash dividend, payable on July 10. July 31 Declared a 10% stock dividend when the stock's market value was $26 per share. Aug. 14 Issued the stock dividend that was declared on July 31. 5 Declared a $2.20 per share cash dividend, date of record October 10. Oct. Journal entry worksheet Record payment of the 01/05 dividend. Note: Enter debits before credits. Account Title Debit Credit Date Jan 10 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4. 5 6 7 8 12 Purchased treasury stock for cash. Hint: Use information from the December 31 Stockholders' equity statement. Entry to restrict retained earnings is not required. Note: Enter debits before credits. Account Title Debit Credit Date Mar 20 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4. 5 6 7 8 12 Purchased treasury stock for cash. Hint: Use information from the December 31 Stockholders' equity statement. Entry to restrict retained earnings is not required. Note: Enter debits before credits. Account Title Debit Credit Date Mar 20 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 . 6 7 8 IIII. 12 Record payment of the 04/05 dividend. Note: Enter debits before credits. Date Account Title Debit Credit Apr 10 Record entry Clear entry View general journal Journal entry worksheet 12 Declared a $2.20 per share cash dividend, payable on July 10. Note: Enter debits before credits. Account Title Debit Credit Date Jul 05 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 5 6 7 8 8 ... 12 Record payment of the 07/05 dividend. Note: Enter debits before credits. Account Title Debit Credit Date Jul 10 Record entry Clear entry View general journal Journal entry worksheet Declared a 10% stock dividend when the stock's market value is $26 per share. Note: Enter debits before credits. Account Title Debit Date Jul 31 Credit Record entry Clear entry View general journal Journal entry worksheet Declared a $2.20 per share cash dividend, date of record October 10. Note: Enter debits before credits. Account Title Debit Credit Date Oct 05 Record entry Clear entry View general journal Journal entry worksheet Record payment of the 10/10 dividend. Note: Enter debits before credits. Account Title Debit Credit Date Oct 10 Record entry Clear entry View general journal Journal entry worksheet Close income summary to retained earnings. Note: Enter debits before credits. Account Title Debit Credit Date Dec 31 Record entry Clear entry View general journal Dates: Jan 01 to: Dec 31 July 05 October 05 Calculation of Cash Dividends January 05 April 05 How many common shares are outstanding? Dividend per share Total cash dividend Calculate the amount of retained earnings to be capitalized as a result of the stock dividend. Dates: Jan 01 to: Dec 31 Capitalization of retained earnings due to stock dividend: Number of shares outstanding on July 30 Percentage of stock dividend Number of shares to be issued Amount to be capitalized per share Total amount to be capitalized