The following transactions and events affected its equity during year 2017 Jan. 5 Declared a $0.40 per share cash dividend, date of record January 10, Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0.40 per share cash dividend, date of record April 10. July 5 Declared a $0.40 per share cash dividend, date of record July 10. July 31Declared a 20% stock dividend when the stock's market value was $12 per share Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $0.40 per share cash dividend, date of record October 10. References Section Break Problem 13-4A Analysis of changes in stockholders' equity accounts LO C3, P2, P3 4. Award 4.00 polnts Problem 13-4A Part 1 Required: 1. How many common shares are outstanding on each cash dividend date? Jan. 5 Apr. 5 July 5 Oct. 5 Outstanding common shares Problem 13-4A Analysis of changes in stockholders' equity accounts LO C3, P2, P3 The following information applies to the questions displayed below] The equity sections from Atticus Group's 2016 and 2017 year-end balance sheets follow. Stockholders' Equity (December 31, 2016) Common stock-$4 par value, 100,000 shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 140,000 100,000 340,000 580,000 $ Stockholders' Equity (December 31, 2017) Common stock-$4 par value. 100,000 shares authorized, 41,400 shares issued 3,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($40,000 restricted by treasury stock) 165,600 151.200 440,000 756,800 (40,000) 716.800 Less cost of treasury stock Total stockholders' equity $ The following transactions and events affected its equity during year 2017 Jan 5 Declared a $0 40 per share cash dividend, date of record January 10, Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $0.40 per share cash dividend, date of record April 10 July 5 Declared a $0.40 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $12 per share Aug. 14 Issued the stock dividend that was declared on July 31. Oct 5 Declared a $0 40 per share cash dividend, date of record October 10. References