The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) Stockholders' Equity (January 1) Common stock-$5 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $175,000 135,000 320,000 $630,000 Stockholders' Equity (December 31) Common stock-$5 par value, 100,000 shares authorized, 41,400 shares issued, 3,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($30,000 restricted by treasury stock) $207,000 167,000 420.000 794,000 (30,000) $764,000 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. Jon. 5 Declared a $0.60 per share cash dividend, date of record January 10 Mar. 20 Purchased treasury stock for cash Apr. 5 Declared a $0.60 per shore cash dividend, date of record April 10 July 5 Declared a 50.60 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: Aug. 14 Issued the stock dividend that was declared on July 31. Oct 5 Declared a $0.60 per share cosh dividend, date of record October 10, Required: 1. How many common shares are outstanding on each cash dividend date? Apr. 5 Jan. 5 35,000 July 5 Oct. 5 Outstanding common shares 2. What is the total dollar amount for each of the four cash dividends? Jan. 5 Apr. 5 July 5 Oct. 5 Cash dividend amounts 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? Capitalization amount 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Cost per share 5. How much net income did the company earn this year? Net income