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Coal, Inc. had the following amounts on its balance sheet on December 31, 2018: Common stock and Additional paid in capital Retained earnings Treasury stock
Coal, Inc. had the following amounts on its balance sheet on December 31, 2018: Common stock and Additional paid in capital Retained earnings Treasury stock Accumulated other comprehensive income (loss) $ 159,000 963,000 123,000 $ (37,500) During 2019, Coal Inc. reported net income of $69,300, declared cash dividends of $47,700, purchased additional treasury stock for $12,600, and experienced a foreign currency translation gain of $5,400. What amount will Coal report as total stockholders' equity at December 31, 2019 on its statement of stockholders' equity? Multiple Choice $1,076,100. 0 $975,900. 0 $965,100. 0 $1,008,000
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