[The following information applies to the questions displayed below.]

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

Stockholders Equity (December 31, 2015)
Common stock$6 par value, 50,000 shares authorized, 30,000 shares issued and outstanding	$	180,000
Paid-in capital in excess of par value, common stock		140,000
Retained earnings		360,000
Total stockholders equity	$	680,000

Stockholders Equity (December 31, 2016)
Common stock$6 par value, 50,000 shares authorized, 35,200 shares issued, 4,000 shares in treasury	$	211,200
Paid-in capital in excess of par value, common stock		160,800
Retained earnings ($40,000 restricted by treasury stock)		440,000
		812,000
Less cost of treasury stock		(40,000	)
Total stockholders equity	$	772,000

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

Jan.	5	Declared a $0.60 per share cash dividend, date of record January 10.
Mar.	20	Purchased treasury stock for cash.
Apr.	5	Declared a $0.60 per share cash dividend, date of record April 10.
July	5	Declared a $0.60 per share cash dividend, date of record July 10.
July	31	Declared a 20% stock dividend when the stocks market value is $10 per share.
Aug.	14	Issued the stock dividend that was declared on July 31.
Oct.	5	Declared a $0.60 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	30,000	26,000	26,000	31,200

2.

What is the total dollar amount for each of the four cash dividends? ALL CORRECT

Cash dividend amounts

Jan. 5 $18,000

Apr. 5 $15,600

July 5 $15,600

Oct. 5 $18720

3.

What is the amount of the capitalization of retained earnings for the stock dividend?

Capitalization Amount =

HELP WITH 3, 4 & 5

4.

What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.)

Cost per share_______________??

5.	How much net income did the company earn during year 2016? Net Income___________??