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The equity sections from Salazar Groups 2011 and 2012 year-end balance sheets follow. Stockholders Equity (December 31, 2011) Common stock$4 par value, 50,000 shares authorized,

The equity sections from Salazar Groups 2011 and 2012 year-end balance sheets follow.
Stockholders Equity (December 31, 2011)
Common stock$4 par value, 50,000 shares authorized, 20,000 shares issued and outstanding $ 80,000
Paid-in capital in excess of par value, common stock 60,000
Retained earnings 160,000


Total stockholders equity $ 300,000





Stockholders Equity (December 31, 2012)
Common stock$4 par value, 50,000 shares authorized, 23,700 shares issued, 1,500 shares in treasury $ 94,800
Paid-in capital in excess of par value, common stock 89,600
Retained earnings ($15,000 restricted by treasury stock) 200,000



384,400
Less cost of treasury stock (15,000 )



Total stockholders equity $ 369,400







The following transactions and events affected its equity during year 2012.
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 $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.

1. How many common shares are outstanding on each cash dividend date?
Jan. 5 Apr. 5 July 5 Oct. 5
Outstanding common shares

2. What is the total dollar amount for each of the four cash dividends?(Omit the "$" sign in your response.)
Jan. 5 Apr. 5 July 5 Oct. 5
Cash dividend amounts $ $ $ $

3.

What is the amount of the capitalization of retained earnings for the stock dividend?(Omit the "$" sign in your response.)

Capitalization amount $
4. What is the per share cost of the treasury stock purchased?(Omit the "$" sign in your response.)
Cost per share $
5.

How much net income did the company earn during year 2012?(Omit the "$" sign in your response.)

Net income $

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