The equity sections from Atticus Groups 2016 and 2017 year-end balance sheets follow. Stockholders Equity (December 31, 2016) Common stock$5 par value, 100,000 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, 2017) Common stock$5 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury $ 206,000 Paid-in capital in excess of par value, common stock 166,000 Retained earnings ($30,000 restricted by treasury stock) 420,000 792,000 Less cost of treasury stock (30,000 ) Total stockholders equity $ 762,000 The following transactions and events affected its equity during year 2017. Jan. 5 Declared a $0.40 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0.40 per share cash dividend, date of record April 10. July 5 Declared a $0.40 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stocks market value was $10 per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $0.40 per share cash dividend, date of record October 10.

Required: 1. How many common shares are outstanding on each cash dividend date?

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