Required information Problem 11-4A (Algo) Analyzing changes in stockholders' equity accounts LO C3, P2, P3 [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. Stockholders' Equity (January 1) 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 Stockholders' Equity (December 31) Common stock-$4 par value, 100,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($40,000 restricted by treasury stock) Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during the year. January 5 March 20 April 5 July 5 July 31 August 14 October 5 Declared a $0.60 per share cash dividend, date of record January 10. Purchased treasury stock for cash. Declared a $0.60 per share cash dividend, date of record April 10. Declared a $0.60 per share cash dividend, date of record July 10. Declared a 20% stock dividend when the stock's market value was $14 per share. Issued the stock dividend that was declared on July 31. Declared a $0.60 per share cash dividend, date of record October 10. Problem 11-4A (Algo) Part 3 $ 140,000 100,000 320,000 $ 560,000 Capitalization amount $164,800 162,000 440,000 766,800 (40,000) $ 726,800 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend?

Required information Problem 11-4A (Algo) Analyzing changes in stockholders' equity accounts LO C3, P2, P3 [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) folld The following transactions and events affected its equity during the year. January 5 beclared a se.6e per share cash dividend, date of record January 10. Harch 20 purchissed treasury stock for cash. Agrit's Dectared a $0.60 per share cash dividend, date of record April 10. 3uly5 peclared a $0.60 per share cash dividend, date of record July 10. July 31 beclared a 26 s stock dividend when the stock's market vatue was $14 per share. August is issued the stock dividend that was declared on July 31. october 5 Declared a $0.60 per share cash dividend, date of record october 10. Problem 11-4A (Algo) Part 3 3. What is the amount of retained earnings transferred to paid-in capital accounts (capitalized) for the stock dividend