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Problem 13-4A Analysis of changes in stockholders' equity accounts L. C3, P2, P3 [The following information applies to the questions displayed below....

Problem 13-4A Analysis of changes in stockholders' equity accounts L.O. C3, P2, P3

[The following information applies to the questions displayed below.]

The equity sections from Salazar Group’s 2011 and 2012 year-end balance sheets follow.

Stockholders’ Equity (December 31, 2011)
Common stock—$4 par value, 50,000 shares
authorized, 35,000 shares issued and outstanding $ 140,000
Paid-in capital in excess of par value, common stock 100,000
Retained earnings 360,000

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Total stockholders’ equity $ 600,000

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Stockholders’ Equity (December 31, 2012)
Common stock—$4 par value, 50,000 shares
authorized, 41,000 shares issued, 5,000 shares in treasury $ 164,000
Paid-in capital in excess of par value, common stock 136,000
Retained earnings ($40,000 restricted by treasury stock) 420,000

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720,000
Less cost of treasury stock (40,000 )

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Total stockholders’ equity $ 680,000

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The following transactions and events affected its equity during year 2012.

Jan. 5 Declared a $0.50 per share cash dividend, date of record January 10.
Mar. 20 Purchased treasury stock for cash.
Apr. 5 Declared a $0.50 per share cash dividend, date of record April 10.
July 5 Declared a $0.50 per share cash dividend, date of record July 10.
July 31 Declared a 20% stock dividend when the stock’s market value is $10 per share.
Aug. 14 Issued the stock dividend that was declared on July 31.
Oct. 5 Declared a $0.50 per share cash dividend, date of record October 10.

References
Section Break Problem 13-4A Analysis of changes in stockholders' equity accounts L.O. C3, P2, P3




1.value:
1 points Problem 13-4A Part 1

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

Jan. 5 Apr. 5 July 5 Oct. 5
Outstanding common shares

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Worksheet Problem 13-4A Part 1





2.value:
1 points Problem 13-4A Part 2

2. What is the total dollar amount for each of the four cash dividends? (Omit the "$" sign in your response.)

Jan. 5 Apr. 5 July 5 Oct. 5
Cash dividend amounts $ $ $ $

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Worksheet Problem 13-4A Part 2





3.value:
1 points Problem 13-4A Part 3

3. What is the amount of the capitalization of retained earnings for the stock dividend? (Omit the "$" sign in your response.)

Capitalization amount $

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Worksheet Problem 13-4A Part 3





4.value:
1 points Problem 13-4A Part 4

4. What is the per share cost of the treasury stock purchased? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Cost per share $

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