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CHAPTER 13-HOMEWORK-p1-5 Help Save & Exlt Submit 4 Check my work The equity sections from Atticus Group's 2016 and 2017 year-end balance sheets follow. stock-$5 par value, 100,000 shares Part 1 of 5 authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 175,000 135,000 340,000 Total stockholders' equity $ 650,000 69 oints 31, 2017 Common stock-$5 par value, 100,000 shares authorized, 41,400 shares issued, 3,000 shares in treasury $207,000 Paid-in capital in excess of par value, common stock Retained earnings ($40,000 restricted by treasury stock) 192,600 400,000 799,600 (40,000) $759,600 Less cost?f treasury stock Total stockholders equity The following transactions and events affected its equity during year 2017. Jan. 5 Declared a $0.40 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. July July 31 Declared a 2 stock dividend when the stock'a narket value vas $14 per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $0.40 per dividend, 5 Declared a $0.40 per share cash dividend, date of record April 10 5 Declared a $0.40 per share cash dividend, date of record July 10. er share cash dividend, date of record October 10. K Prev 4 5 68 of 13 Next > 6