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[ The following information applies to the questions displayed below. ] The equity sections for Atticus Group at the beginning of the year ( January
The following information applies to the questions displayed below.
The equity sections for Atticus Group at the beginning of the year January and end of the year December follow.
Stockholders Equity January
Common stock$ par value, shares authorized, shares issued and outstanding $
Paidin capital in excess of par value, common stock
Retained earnings
Total stockholders equity $
Stockholders Equity December
Common stock$ par value, shares authorized, shares issued, shares in treasury $
Paidin capital in excess of par value, common stock
Retained earnings $ restricted by treasury stock
Less cost of treasury stock
Total stockholders equity $
The following transactions and events affected its equity during the year.
January Declared a $ per share cash dividend, date of record January
March Purchased treasury stock for cash.
April Declared a $ per share cash dividend, date of record April
July Declared a $ per share cash dividend, date of record July
July Declared a stock dividend when the stocks market value was $ per share.
August Issued the stock dividend that was declared on July
October Declared a $ per share cash dividend, date of record October
What is the amount of retained earnings transferred to paidin capital accounts capitalized for the stock dividend?
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