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c reither co reports the following information for 2014, sales revenue $700,000; cost of goods sold $500,000; operating expenses $80,000; and an unrealized holding loss
c reither co reports the following information for 2014, sales revenue $700,000; cost of goods sold $500,000; operating expenses $80,000; and an unrealized holding loss on available for sale securities for 2014 of $60,000. It declared and paid a cash dividend of $10,000 in 2014. C. Reither Co. has January 1, 2014 balances in common stock of $350,000; accumulated other comprehensive income $80,000 and retained earnings $90,000. It issued no stock during 2014.
Prepare a statement of stockholders' equity.
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