Question
Monty Co. reports the following information for 2017: sales revenue $778,900, cost of goods sold $515,500, operating expenses $89,100, and an unrealized holding loss on
Monty Co. reports the following information for 2017: sales revenue $778,900, cost of goods sold $515,500, operating expenses $89,100, and an unrealized holding loss on available-for-sale securities for 2017 of $58,700. It declared and paid a cash dividend of $12,690 in 2017. Monty Co. has January 1, 2017, balances in common stock $355,000; accumulated other comprehensive income $84,300; and retained earnings $92,170. It issued no stock during 2017. Prepare a statement of stockholders equity. MONTY CO. Statement of Stockholders Equity Total Retained Earnings Accumulated Other Comprehensive Income Common Stock $ $ $ $ $ $ $ $
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