Candace's Cookie Company provided the following account balances from its year-end trial balance. (Click the icon to view the year-end trial balance.) During the year, Candace issued no-par common stock. The proceeds of the new issue were $30,000. The company is subject to a 40% income tax rate. The beginning balance in common stock was $490,000 Read the requirement Balance, January 1 Balance, December 31 Candace's Cookie Company Statement of Stockholders' Equity For the Current Year Ended December 31 Accumulated Common Retained Stock Earnings Other Comprehensive Stockholders' Income (Loss) Equity Total Trial Balance (Selected Accounts) Candace's Cookie Company Trial Balance (Selected Accounts) For the Current Year Ended December 31 Account Debit Credit Retained Earnings, Beginning Balance $ 1,782,000 Accumulated Other Comprehensive Income, Beginning Balance $ 52,350 Dividends Sales Interest Income Dividend Income 56,000 1,405,000 3,100 3,550 Gain on Sale of Property Gain on Disposal of Plant Assets Unrealized Gain on Trading Investments Unrealized Gain on Available-for-Sale Bonds Before Tax Gain on Sale of Discontinued Operations Before Tax Cost of Goods Sold 6,900 60,000 27,550 3,900 59,200 600,000 - X