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

Stockholders Equity (January 1)
Common stock$12 par value, 140,000 shares authorized, 60,000 shares issued and outstanding	$ 720,000
Paid-in capital in excess of par value, common stock	108,000
Retained earnings	590,000
Total stockholders equity	$ 1,418,000

Stockholders Equity (December 31)
Common stock$12 par value, 140,000 shares authorized, 67,770 shares issued, 4,500 shares in treasury	$ 813,240
Paid-in capital in excess of par value, common stock	216,780
Retained earnings ($108,000 restricted by treasury stock)	1,060,000
	2,090,020
Less cost of treasury stock	(108,000)
Total stockholders equity	$ 1,982,020

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

January 5	Declared a $2.00 per share cash dividend, payable on January 10.
March 20	Purchased treasury stock for cash.
April 5	Declared a $2.00 per share cash dividend, payable on April 10.
July 5	Declared a $2.00 per share cash dividend, payable on July 10.
July 31	Declared a 14% stock dividend when the stocks market value was $26 per share.
August 14	Issued the stock dividend that was declared on July 31.
October 5	Declared a $2.00 per share cash dividend, date of record October 10.

Requirement General Journal General Ledger Trial Balance Cash Dividends Stock Dividend Calculate the dollar amount of each cash dividend. Dates: January 01 to: January 01 Calculation of Cash Dividends January 05 April 05 July 05 October 05 How many common shares are outstanding? Dividend per share Total cash dividend