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

Stockholders Equity (December 31, 2015)
Common stock$6 par value, 50,000 shares authorized, 30,000 shares issued and outstanding	$	180,000
Paid-in capital in excess of par value, common stock		140,000
Retained earnings		360,000
Total stockholders equity	$	680,000

Stockholders Equity (December 31, 2016)
Common stock$6 par value, 50,000 shares authorized, 35,200 shares issued, 4,000 shares in treasury	$	211,200
Paid-in capital in excess of par value, common stock		160,800
Retained earnings ($40,000 restricted by treasury stock)		440,000
		812,000
Less cost of treasury stock		(40,000	)
Total stockholders equity	$	772,000

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

Jan.	5	Declared a $0.60 per share cash dividend, date of record January 10.
Mar.	20	Purchased treasury stock for cash.
Apr.	5	Declared a $0.60 per share cash dividend, date of record April 10.
July	5	Declared a $0.60 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 $0.60 per share cash dividend, date of record October 10.

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

Jan. 5 Apr. 5 July 5 Oct. 5 Outstanding common shares 30,000 26,000 26,000 31,200 2. What is the total dollar amount for each of the four cash dividends? ALL CORRECT Cash dividend amounts Jan. 5 $18,000 Apr. 5 $15,600 July 5 $15,600 Oct. 5 $18720 3. What is the amount of the capitalization of retained earnings for the stock dividend? Capitalization Amount = HELP WITH 3, 4 & 5 4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places.) Cost per share_______________?? 5. How much net income did the company earn during year 2016? Net Income___________??

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