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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

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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 1) Conaon stock-55 par value, 109,000 shares authonized, 35,000 shares issieed and. outstanding Paid-in capital in excess of pan value, connon stock Retained earnings Totsl stockholders? equity 5tockholders' Equity (Decenber 31) Connon-stock-\$5 par value, 100,000 shares authorized, 41,000 shares is sued, 5,000 shares in treasury Paid-in capital in excess of pan value, comnon stock Retained earnings ( $30,000 restrieted by treasiury stock) Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. January 5 Declared a 50,40 per shane cash dividend, date of recond January 10. March 20 Purchased treasury stock for cash. April 5 Declared a 50.40 per share cash dividend, date of record Apri1 10. July 5 Declared a $0.40 per share cash dividend, date of record July 10 . July 31 Declared a 20\% stock dividend when the stock"s market value was \$10 per share. August 14 Issued the stock dividend that was declared on July 31 . Detober 5 Declared a $.40 peristhare cash dividend, date of record october. 19. Required: 1. How many common shares are outstanding on each cash dividend date? 2. What is the total dollar amount for each of the four cash dividends? 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) 5. How much net income did the company earn this year

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