The equity sections from Atticus Groups 2015 and 2016 year-end balance sheets follow.

Stockholders Equity (December 31, 2015)
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
Total stockholders equity	$	650,000

Stockholders Equity (December 31, 2016)
Common stock$5 par value, 50,000 shares authorized, 41,200 shares issued, 4,000 shares in treasury	$	206,000
Paid-in capital in excess of par value, common stock		166,000
Retained earnings ($30,000 restricted by treasury stock)		420,000
		792,000
Less cost of treasury stock		(30,000	)
Total stockholders equity	$	762,000

The following transactions and events affected its equity during year 2016.

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 stocks market value is $10 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.

How many common shares are outstanding on each cash dividend date?

JAN 5

APR 5

JUL 5

OCT 5

.	What is the total dollar amount for each of the four cash dividends?

Declared a $0.40 per share cash dividend, date of record October 10.

How many common shares are outstanding on each cash dividend date?

JAN 5

APR 5

JUL 5

OCT 5

What is the amount of the capitalization of retained earnings for the stock dividend?

What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.)

How much net income did the company earn during year 2016?