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..

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

Retained earnings.

Total stockholders' equity

$$160,000$

$120,000$

$320,000$

$$600,000$

Stockholders' Equity $($December $31)$

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

$1.$ 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?