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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 1) and end

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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 1) and end of the year (December 31) follow. StockholdersEquity (January 1) Common stock-$5 par value, 100,000 shares authorized, 30,000 shares issued and outstanding $ 150,000 Paid-in capital in excess of par value, common stock 110,000 Retained earnings 340.000 Total stockholders' equity $ 600,000 Stockholders' Equity (December 31) Common stock-$5 par value, 100,000 shares authorized, 35,200 shares innued, 4,000 shares in treasury $ 176.000 Paid-in capital in excess of par value, common stock 156,800 Retained earnings ($50,000 restricted by treasury stock) 420,000 752,800 Las cost of treasury stock (50,000) Total stockholders' equity $.702,800 The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 5 Declared a $0.50 por 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 208 stock dividend when the stock's markot value was $14 per share. August 14 Taued the stock dividend that was declared on July 31. October 5 declared a $0.50 per share cash dividend, date of record October 10. 5. How much net income did the company car this year? Not income

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