Requlred Informatlon [The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December...

Extracted text: Requlred Informatlon [The following information applies to the questions displayed below.] The equity sections for Atticus Group at the beginning of the year (January 1) and end of the year (December 31) follow. stockholders' Equity (January 1) Common stock-$5 par value, 100, 000 shares authorized, 35, 000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings $175,000 135,000 340,000 Total stockholders' equity $650,000 Stockholders' Equity (December 31) Common stock-$5 par value, 100,000 shares authorized, 41, 200 shares issued, 4,000 shares in treasury Paid-in capital in excess of par value, common stock Retained earnings ($40,000 restricted by treasury stock) $206, 000 166,000 420,000 792,000 (40,000) $752, 000 Less cost of treasury stock Total stockholders' equity The following transactions and events affected Its equity during the year. 5 Declared a Sse.40 per share cash dividend, date of record January 18. Jan. Mar. 20 Purchased treasury stock for cash. Apr. 5 Declared a se.40 per share cash dividend, date of record April 18. July 5 Declared a se.40 per share cash dividend, date of record July 10. July 31 Declared a 20% stock dividend when the stock's market value was $1e per share. Aug. 14 Issued the stock dividend that was declared on July 31. Oct. 5 Declared a se.40 per share cash dividend, date of record october 10. 3. What is the amount of retalned earnings transferred to pald-in capital accounts (capitalized) for the stock dividend? Capitalization amount