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, 40,000 shares issued and outstanding	$	200,000
Paid-in capital in excess of par value, common stock		160,000
Retained earnings		360,000
Total stockholders equity	$	720,000

Stockholders Equity (December 31, 2017)
Common stock$5 par value, 100,000 shares authorized, 47,000 shares issued, 5,000 shares in treasury	$	235,000
Paid-in capital in excess of par value, common stock		209,000
Retained earnings ($60,000 restricted by treasury stock)		420,000
		864,000
Less cost of treasury stock		(60,000	)
Total stockholders equity	$	804,000

The following transactions and events affected its equity during year 2017.

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 was $12 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.