The equity sections from Atticus Group's 2015 and 2016 year-end balance sheets follow.

Stockholders Equity (December 31, 2015)

Common stock $6 par value, 50,000 shares authorized, 35,000 shares issued and outstanding $210,000 Paid-in capital in excess of par value, common stock 170,000 Retained earnings 340,000 Total stockholders equity $720,000

Stockholders Equity (December 31, 2016)

Common stock $6 par value, 50,000 shares authorized, 41,400 shares issued, 3,000 shares in treasury $248,400 Paid-in capital in excess of par value, common stock 195,600 Retained earnings ($40,000 restricted by treasury stock) 420,000 864,000 Less cost of treasury stock (40,000) Total stockholders equity $824,000

The following transactions and events affected its equity during the 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 stock's 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.

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

Jan. 5 -

Apr. 5 -

July 5 -

Oct 5 -

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

Jan. 5 -

Apr. 5 -

July 5 -

Oct 5 -

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

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

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