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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

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$6 par value, 100,000 shares authorized, 30,000 shares issued and outstanding $ 180,000
Paid-in capital in excess of par value, common stock 140,000
Retained earnings 360,000
Total stockholders equity $ 680,000
Stockholders Equity (December 31)
Common stock$6 par value, 100,000 shares authorized, 35,200 shares issued, 4,000 shares in treasury $ 211,200
Paid-in capital in excess of par value, common stock 171,200
Retained earnings ($40,000 restricted by treasury stock) 400,000
782,400
Less cost of treasury stock (40,000)
Total stockholders equity $ 742,400

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 stocks market value was $12 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.

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

image text in transcribed

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