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Kingbird Co. reports the following information for 2025: sales revenue $762,900, cost of goods sold $518,900, operating expenses $83,600, and an unrealized holding loss
Kingbird Co. reports the following information for 2025: sales revenue $762,900, cost of goods sold $518,900, operating expenses $83,600, and an unrealized holding loss on available-for-sale debt securities for 2025 of $53,600. It declared and paid a cash dividend of $13,990 in 2025. Kingbird Co. has January 1, 2025, balances in common stock $366,000; accumulated other comprehensive income $83.700; and retained earnings $92.370. It issued no stock during 2025. Prepare a statement of stockholders' equity. (Ignore income taxes.) KINGBIRD CO. Statement of Stockholders' Equity Total Retained Earnings Accumulated Other Comprehensive Income Common Stock $ $ Beginning Balance Dividends Ending Balances Net Income Other Comprehensive Income Unrealized Holding Loss Attempts: 0 of 3 used Submit Answer
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