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Concord Co.reports the following information for 2020: sales revenue $752,600, cost of goods sold $502,200, operating expenses $81,200, and an unrealized holding loss on available-for-sale
Concord Co.reports the following information for 2020: sales revenue $752,600, cost of goods sold $502,200, operating expenses $81,200, and an unrealized holding loss on available-for-sale debt securities for 2020 of $54,300. It declared and paid a cash dividend of $12,620 in 2020. Concord Co. has January 1, 2020, balances in common stock $354,900; accumulated other comprehensive income $81,300; and retained earnings $95,120. It issued no stock during 2020. (Ignore income taxes.) Prepare a statement of stockholders' equity. CONCORD CO. Statement of Stockholders' Equity Total Retained Earnings Accumulated Other Comprehensive Income $ $ $ $ $
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