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$4 par value, 100,000 shares authorized, 40,000 shares issued and outstanding	$	160,000
Paid-in capital in excess of par value, common stock		120,000
Retained earnings		320,000
Total stockholders equity	$	600,000

Stockholders Equity (December 31)
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 the year.

Jan.		5		Declared a $0.50 per share cash dividend, payable on January 10.
Mar.		20		Purchased treasury stock for cash.
Apr.		5		Declared a $0.50 per share cash dividend, payable on April 10.
July		5		Declared a $0.50 per share cash dividend, payable on July 10.
July		31		Declared a 20% stock dividend when the stocks market value was $12 per 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.

Requirement General Journal General Ledger Trial Balance Cash Dividends Stock Dividend Atticus Group Trial Balance December 31, 2019 Account Title Debit Credit 848,000 Cash Common stock Paid-in capital, Common Retained earnings Income summary Total 160,000 120,000 320,000 248,000 848,000 $ 848,000 $