The equity sections from Atticus Groups 2015 and 2016 year-end balance sheets follow.

Stockholders Equity (December 31, 2015) Common stock$5 par value, 50,000 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, 2016) Common stock$5 par value, 50,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury $ 206,000 Paid-in capital in excess of par value, common stock 190,800 Retained earnings ($40,000 restricted by treasury stock) 400,000 796,800 Less cost of treasury stock (40,000 ) Total stockholders equity $ 756,800

The following transactions and events affected its equity during year 2016.

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 stocks market value is $14 per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $0.50 per share cash dividend, date of record October 10.

	Jan. 5	Apr. 5	July 5	Oct. 5
outstanding common shares

	Jan.5	Apr.5	July 5	Oct. 5
Cash dividend amounts