The equity sections for Atticus Group at the beginning of the year (January 1) and...

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Accounting

The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow.
\table[[Stockholders' Equity (January 1)],[\table[[Common stock- $4 par value, 100,000 shares authorized, 35,000 shares issued and],[outstanding]]],[Paid-in capital in excess of par value, common stock,,100,000],[Retained earnings,,340,000],[Total stockholders' equity,$,580,000],[Stockholders' Equity (December 31)],[\table[[Common stock- $4 par value, 100,000 shares authorized, 41,000 shares issued, 5,000 shares in],[treasury]]],[Paid-in capital in excess of par value, common stock,,,148,000],[Retained earnings ( $40,000 restricted by treasury stock),,,400,000],[,,,712,000],[Less cost of treasury stock,,,(40,000)
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