This question is from accounting 2

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Stockholders’ Equity (December 31, 2013)
 Common stock—$5 par value, 50,000 shares
 authorized, 40,000 shares issued and outstanding
$200,000  
 Paid-in capital in excess of par value, common stock160,000  
 Retained earnings340,000  
 Total stockholders’ equity$700,000  


 Stockholders’ Equity (December 31, 2014)
 Common stock—$5 par value, 50,000 shares
 authorized, 47,200 shares issued, 4,000 shares in treasury
$236,000
 Paid-in capital in excess of par value, common stock210,400
 Retained earnings ($40,000 restricted by treasury stock)420,000
866,400
 Less cost of treasury stock(40,000)
 Total stockholders’ equity$826,400



The following transactions and events affected its equity during year 2014.
 
Jan.5Declared a $0.50 per share cash dividend, date of record January 10.
Mar.20Purchased treasury stock for cash.
Apr.5Declared a $0.50 per share cash dividend, date of record April 10.
July5Declared a $0.50 per share cash dividend, date of record July 10.
July31Declared a 20% stock dividend when the stock’s market value is $12 per share.
Aug.14Issued the stock dividend that was declared on July 31.
Oct.5Declared a $0.50 per share cash dividend, date of record October 10.



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