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$-$ $$4$ par value, $100,000$ shares authorized, $40,000$ shares issued and outstanding $....$ $$160,000$

Paid$-$in capital in excess of par value, common stock $.................................$ Retained earnings. $...$

Total stockholders' equity

Stockholders' Equity $($December $31)$

Common stock$-$ $$4$ par value, $100,000$ shares authorized, $47,400$ shares issued, $3,000$ shares in treasury.... $$189,600$

Paid$-$in capital in excess of par value, common stock

Retained earnings $($ $$30,000$ restricted by treasury stock$)$

Less cost of treasury stock.

Total stockholders' equity

The following transactions and events affected its equity during the year.

Jan. $5$ Declared a $$0\mathrm{.}50$ per share cash dividend, date of record January $10.$

Mar. $20$ Purchased treasury stock for cash.

Apr. $5$ Declared a $$0\mathrm{.}50$ per share cash dividend, date of record April $10.$

July $5$ Declared a $$0\mathrm{.}50$ 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\mathrm{.}50$ per share cash dividend, date of record October $10.$

Required

How many common shares are outstanding on each cash dividend date?

What is the total dollar amount for each of the four cash dividends?

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

What is the per share cost of the treasury stock purchased?

How much net income did the company earn this year?

Problem $13-4$A

Analyzing changes in stockholders' equity accounts

C$3$ P$2$

P$3$

Check $(3)$ $$88,800$

$(4)$ $$10$

$(5)$ $$248,000$