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The equity sections for Atticus Group at the beginning of the year ( January 1 ) and end of the year ( December 3 1

The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow.
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 20% stock dividend when the stock's market value was $14 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?
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