The following transactions and events affected its equity during the year. January 5 Declared a $0.60 per share cash dividend, date of record January 10. March 20 Purchased treasury stock for cash. April 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. Juty 31 Declared a 20% stock dividend when the stock's narket value was $10 per share. August 14 Issued the stock dividend that was declared on July 31. october 5 Declared a $0.60 per share cash dividend, date of record october 18. 5. How much net income did the company earn this year