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4.4 E9.3. A Simple Reformulation of the Equity Statement (Easy) From the following information, prepare a reformulated statement of common sharehold ers' equity for 2012.
4.4 E9.3. A Simple Reformulation of the Equity Statement (Easy) From the following information, prepare a reformulated statement of common sharehold ers' equity for 2012. Amounts are in millions. Balance, December 31, 2011 Net income Foreign currency translation loss Unrealized gain on debt securities held Issue of shares Common dividends Preferred dividends Balance, December 31, 2012 $1,206 241 (11) 24 45 (94) (15) $1,396 The beginning and end-of-year balances include $200 million of preferred stock
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