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e equity sections from Atticus Group's 2015 and 2016 year-end balance sheets f Stockholders' Equity (December 31, 2015) Common stock-$5 par value, 50,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $200,000 160,000 320,000 Total stockholders' equity 680,000 Stockholders' Equity (December 31, 2016) Common stock $5 par value, 50,000 shares authorized, 47,200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($50,000 restricted by treasury stock) $236,000 210,400 400,000 846,400 t (50,000) Less cost of treasury stock Total stockholders equity $796,400 The follovwing transactions and events affected ts equty auring year 2os The following transactions and events affected its equity during year 20n6 5 Declared a $0.60 per share cash dividend, date of record January 1 Jan. Mar 20 Purchased treasury stock for cash. ApE 5 Declared a $0.60 per share cash dividend, date of record April 10 uy S Declared a $060 per share cash dividend. date of record July 10 hly 31 Declared a 20% stock dividend when the stock's market value is $12 per share. Aud. 14/1ssued the stock dividend that was declared on July 31 Oash Declared $o60 per share cash dividend, date of record October t0 6 125 poinIs

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