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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

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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) Common stock-$6 par value, 100,000 shares authorized, 35,000 shares issued and outstanding $210, 090 Paid-in capital in excess of par value, common stock 170, 090 Retained earnings 340, 900 Total stockholders' equity $720, 000 Stockholders' Equity (December 31) Common stock-$6 par value, 100,000 shares authorized, 41, 400 shares issued, 3,000 shares in treasury $248, 400 Paid-in capital in excess of par value, common stock 208, 400 Retained earnings ($50,000 restricted by treasury stock) 440, 000 896, 890 Less cost of treasury stock (50, 000) Total stockholders' equity $846, 890 The following transactions and events affected its equity during the year. Jan. 5 Declared a $0.40 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0.40 per share cash dividend, date of record April 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 $12 per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $0.40 per share cash dividend, date of record October 10.Required: 1. How many common shares are eutstanding on each cash dividend date? 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 amounts3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? Capitalization amount4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Cost per share5. How much net income did the company earn this year? Net income

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