The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31 ) follow Ine ronowing 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 atock for cash. April 5 Deelared 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 204 stock dividend when the stock's market value was $12 per share. August 14 Issued the stock dividend that was deelared 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? [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 January 5 Declared a $0.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. Apri1 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 208 stoek dividend when the stock's market value was $12 per share. August 14 Issued the stock dividend that was declared on July 31 . Ootober 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? I he equity sections tor Atticus Group at the beginning of the year (January 1 ) and end of the year (Uecember si) Stockholders' Equity (January 1) Common stock-\$4 par value, 100,000 shares authorized, 40,000 shares issued and 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 208 stock dividend when the stock's 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 . What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? Retained earnings ( $30,000 restricted by treasury stock) Less 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 208 stock dividend when the stock's market value was $12 per 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. 4. What is the per share cost of the treasury stock purchased? Less 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 208 stock dividend when the stock's market value was $12 pe 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 . 5. How much net income did the company earn this year
