Question: Can someone please help out with the solutions to these!? The equity sections for Atticus Group at the beginning of the year (January 1) and

Can someone please help out with the solutions to these!?

The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow.

Stockholders Equity (January 1)
Common stock$4 par value, 100,000 shares authorized, 35,000 shares issued and outstanding $ 140,000
Paid-in capital in excess of par value, common stock 100,000
Retained earnings 340,000
Total stockholders equity $ 580,000

Stockholders Equity (December 31)
Common stock$4 par value, 100,000 shares authorized, 41,400 shares issued, 3,000 shares in treasury $ 165,600
Paid-in capital in excess of par value, common stock 164,000
Retained earnings ($40,000 restricted by treasury stock) 400,000
729,600
Less cost of treasury stock (40,000)
Total stockholders equity $ 689,600

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 per 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 20% stock dividend when the stocks market value was $14 per share.
August 14 Issued the stock dividend that was declared on July 31.
October 5 Declared a $0.50 per share cash dividend, date of record October 10.

Can someone please help out with the solutions to these!? The equity

sections for Atticus Group at the beginning of the year (January 1)

and end of the year (December 31) follow. Stockholders Equity (January 1)

Common stock$4 par value, 100,000 shares authorized, 35,000 shares issued and outstanding

$ 140,000 Paid-in capital in excess of par value, common stock 100,000

5. How much net income did the company earn this year? 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend? Required: 1. How many common shares are outstanding on each cash dividend date? llow 2. W

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