The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow.

1)how many common shares are oustanding on each cash dividend date?

2)what is the total dollar amount for each of the four cash dividends?

3)what is the amount of retained earnings transferred to paid-in capital accounts (capatilized) for the stock dividend?

Required Information [The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and en 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 340,000 Total stockholders' equity $650,000 Stockholders' Equity (December 31) Common stock-$5 par value, 100,000 shares authorized, 41,000 shares issued, 5,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($50,000 restricted by treasury stock) Less cost of treasury stock Total stockholders' equity $205,000 165,000 440,000 810,000 (50,000) $760,000 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 stock's market value was $10 per shal Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $8.50 per share cash dividend, date of record October 18. Required: 1. How many common shares are outstanding on each cash dividend date? Jan. 5 Apr. 5 July 5 Outstanding common shares Oct. 5