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Current Attempt in Progress Bonita Co. reports the following information for 2020: sales revenue $778,100, cost of goods sold $510,600, operating expenses $86,300, and
Current Attempt in Progress Bonita Co. reports the following information for 2020: sales revenue $778,100, cost of goods sold $510,600, operating expenses $86,300, and an unrealized holding loss on available-for-sale debt securities for 2020 of $54,800. It declared and paid a cash dividend of $12,210 in 2020. Bonita Co. has January 1, 2020, balances in common stock $361,500; accumulated other comprehensive income $86,900; and retained earnings $97,980. It issued no stock during 2020. (Ignore income taxes.) Prepare a statement of stockholders' equity.
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