Question

Required information [The following information applies to the questions displayed below.] The equity sections from Atticus Group's 2016 and 2017 year-end balance sheets follow. Stockholders' Equity (December 31, 2016) Common stock-$4 par value, 100,eee shares authorized, 35,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 140, eee 100, eee 340, eee $ 580,000 Stockholders' Equity (December 31, 2017) Common stock-54 par value, 100,000 shares authorized, 41,400 shares issued, 3,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($60,000 restricted by treasury stock) $ 165,600 164,000 4ee, eee 729,600 (60, eee) $ 669,600 Less cost of treasury stock Total stockholders' equity The following transactions and events affected its equity during year 2017 Jan. 5 Declared a se.50 per share cash dividend, date of record January 10. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a $.50 per share cash dividend, date of record April 10. July 5 Declared a $.50 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $14 per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a $8.50 per share cash dividend, date of record October 10.

Answer 1

	Jan 5	Apr 5	July 5	Oct 5
Cash dividend amount	35000*.50 = 17500	32000*0.50 = 16000	16000	38400*.50 = 19200