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$5 par value, 100,000 shares authorized, 35,000 shares issued and outstanding $ 175,000 Paid-in capital in excess of par value, common stock 135,000 Retained earnings 320,000 Total stockholders equity $ 630,000 Stockholders Equity (December 31) Common stock$5 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury $ 206,000 Paid-in capital in excess of par value, common stock 178,400 Retained earnings ($30,000 restricted by treasury stock) 420,000 804,400 Less cost of treasury stock (30,000 ) Total stockholders equity $ 774,400 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 $0.50 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stocks market value was $12 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.

1- What is the total dollar amount for each of the four cash dividends? Jan 5

April 5

July 5

Oct 5

2-What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend?

Capitalization amount =

3-What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.)

4- How much net income did the company earn this year?