Exercise 4-16

Waterway Co. reports the following information for 2017: sales revenue $767,500, cost of goods sold $505,000, operating expenses $84,800, and an unrealized holding loss on available-for-sale securities for 2017 of $52,000. It declared and paid a cash dividend of $12,650 in 2017. Waterway Co. has January 1, 2017, balances in common stock $360,700; accumulated other comprehensive income $86,400; and retained earnings $91,890. It issued no stock during 2017. Prepare a statement of stockholders equity.

WATERWAY CO. Statement of Stockholders' Equity Accumulated Other Total Retained Earnings Comprehensive Income Common Stock $ $ $ $