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

$\backslash$table$[[$Stockholders$\text{'}$ Equity $($January $1)],[\backslash$table$[[$Common stock$-$ $$4$ par value, $100,000$ shares authorized, $35,000$ shares issued and$],[$outstanding$]]],[$Paid$-$in capital in excess of par value, common stock,,$100,000],[$Retained earnings,,$340,000],[$Total stockholders' equity,$$,580,000],[$Stockholders$\text{'}$ Equity $($December $31)],[\backslash$table$[[$Common stock$-$ $$4$ par value, $100,000$ shares authorized, $41,000$ shares issued, $5,000$ shares in$],[$treasury$]]],[$Paid$-$in capital in excess of par value, common stock,,,$148,000],[$Retained earnings $($ $$40,000$ restricted by treasury stock$),,,400,000],[,,,712,000],[$Less cost of treasury stock,,,$(40,000)$