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Crane Co. reports the following information for 2020: sales revenue $780,200, cost of goods sold $502,500, operating expenses $86,500, and an unrealized holding loss on
Crane Co. reports the following information for 2020: sales revenue $780,200, cost of goods sold $502,500, operating expenses $86,500, and an unrealized holding loss on available-for-sale debt securities for 2020 of $51,500. It declared and paid a cash dividend of $11,020 in 2020. Crane Co. has January 1, 2020, balances in common stock $368,800; accumulated other comprehensive income $83,400; and retained earnings $92,470. It issued no stock during 2020. (Ignore income taxes.) Prepare a statement of stockholders' equity. CRANE CO. Statement of Stockholders' Equity Accumulated Other Comprehensive Income Total Retained Earnings Common Stock $ $ $ $
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