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The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per thare eash dividend, dace of record January 10.

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The following transactions and events affected its equity during the year. January 5 Declared a $0.50 per thare eash dividend, dace of record January 10. March 20 purchaned treasury stock for canh. Apr 115 Declared a $0,50 per share eash dividend, date of record April 10. July 5 Declared a 50,50 per share cash dividend, date of record july 10. July 31 Declared a 201 stoek dividend when the stock's market value was $14 per share. August 14 issued the stock dividend that was declared on July 31 . ootober 5 Declared a $0,50 per share cash dividend, date t record october 10. 5. How much net income did the company earn this year

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