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 13 Common stock-$4 par value, 100.000 shares authorized, 30,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $120,000 80,000 340,000 $540,000 Stockholders' Equity (December 31) Common stock -S4 pax value, 200,000 shares authorized, 95,400 shaze sued, 9,000 share a treasury $41, 600 Paid-in capital in excess of par valte, Coron stock 199,000 Retained cazangs ($50,000 restricted by treasury stock) 440.000 715,600 Les cost of resory stock (50,000 Total stockholders' equicy $665,600 The following transactions and events affected its equity during the year The following transactions and events affected its equity during the year. 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 50.50 per share cash dividend, date of record July 10. July 31 Declared a 208 stock dividend when the stock market value was $14 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. 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? Capitalization amount I Stockholders' Equity (December 31) Common stock-$4 par value, 100,000 shares authorized, 35, 400 shares issued, 3,000 shares in treasury $141, 600 Paid-in capital in excess of par value, common stock 134,000 Retained earnings ($50,000 restricted by treasury stock) 440,000 715,600 Less cost of treasury stock (50,000) Total stockholders' equity $665, 600 The following transactions and events affected its equity during the year. 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 50.50 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 200 stock dividend when the stock market value was $14 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 Cetober 10. 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Cost per share Stockholders' Equity (December 31) Common stock-$4 par value, 100,000 shares authorized, 35, 400 shares 19sued, 3,000 shares in treasury $141,600 Paid-in capital in excess of par value, common stock 134,000 Retained earnings ($50,000 restricted by treasury stock) 490,000 715,600 Less cost of treasury stock (50,000) Total stockholders' equity $665, 600 The following transactions and events affected its equity during the year. Jan. 5 Declared a $0.50 per share cash dividend, date of record January 10. Max. 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 whare cash dividend, date of record July 10. July 31 Declared a 204 stock dividend when the stock market value was $14 per share. Aug. 14 Issued the stock olvidend that was declazed on July 31. Occ. 5 Declared & $0.50 per share a dividend, date of record October 10. 5. How much net income did the company earn this year? Net income