The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31 ) follow. The following transactions and events affected its equity during the year. January 5 Declared a \$0.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 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 $12 per share. August 14 Issued the stock dividend that was declared on July 31 . October 5 Declared a $0.50 per share cash dividend, date of record October 10. Required: 1. How many common shares are outstanding 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 (capitalized) for the stock dividend? 4. What is the per share cost of the treasury stock purchased? 5. How much net income did the company earn this year? 1. Determine the par values of the corporation's preferred stock and its common stock. Required information [The following information applies to the questions displayed below.] Raphael Corporation's balance sheet shows the following stockholders' equity section. Required: 1. Determine the par values of the corporation's preferred stock and its common stock: Required information [The following information applles to the questions displayed below.] Raphael Corporation's balance sheet shows the following stockholders' equity section. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $11,500. ompute the total amount paid to (a) preferred shareholders and (b) common shareholders