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4. The shareholder's equity statement has a beginning balance for the period of $230 million and the firm had a net payout to shareholders of

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4. The shareholder's equity statement has a beginning balance for the period of $230 million and the firm had a net payout to shareholders of $12 million. What is the firm's comprehensive income for the year? Ending equity - Beginning equity + Net payout : Comprehensive Income $250 - $230 + $12 : $32 million (answer) 6. (I do not need any work done on this. This information is needed for the financial statement] You received the following statement for 2017 for your saying s account at a bank. Cash balances in the bank earn interest at a 5% rate per annum. Balance, January1 2017 $100 Interest earnings 5 Withdrawals _()_ Balance, December 31, 2017 $100 7. pse the information from question 4, part 1. Instead of withdrawing $5 from the account, you left it in. Prepare the new income statement, balance sheet, and cash flow statement. Upload as an Excel file

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