Question: The equity sections from Atticus Group's 2013 and 2014 year-end balance sheets follow. Stockholders' Equity (December 31, 2013) Common stock-$5 par value, 50,000 shares authorized,

 The equity sections from Atticus Group's 2013 and 2014 year-end balance

The equity sections from Atticus Group's 2013 and 2014 year-end balance sheets follow. Stockholders' Equity (December 31, 2013) Common stock-$5 par value, 50,000 shares authorized, 35,000 shares issued and outstanding $175,000 Paid-in capital in excess of par value common stock 135,000 Retained earnings 340,000 $650,000 Total stockholders' equity Stockholders' Equity (December 31, 2014) Common stock-$5 par value, 50,000 shares authorized, 41,000 shares issued, 5,000 shares in treasury $205,000 Paid-in capital in excess of par value common stock 177,000 Retained earnings ($60,000 restricted by treasury stock) 420,000 802,000 Less cost of treasury stock (60,000) Total stockholders' equity $742,000 The following transactions and events affected its equity during year 2014 Jan. 5 Declared a $0.50 per share cash dividend, date of record January 10 Mar. 20Purchased treasury stock for cash Apr. 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 stock's market value is $12 per share Aug. 14 Issued the stock dividend that was declared on July 31 Oct. 5 Declared a $0.50 per share cash dividend, date of record October 10 1. How many common shares are outstanding on each cash dividend date? Jan. 5 Apr. 5 July 5 Oct. 5 Outstanding common shares 2. What is the total dollar amount for each ofthe four cash dividends? Jan. 5 Apr. 5 July 5 Oct. 5 Cash dividend amounts 3. What is the amount of the capitalization of retained earnings for the stock dividend? apitalization amount 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decima places.) st per share 5. How much net income did the company earn during year 2014? et income

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