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Novak Co. reports the following information for 2025: sales revenue $766,600, cost of goods sold $527,700, operating expenses $88,800, and an unrealized holding loss on
Novak Co. reports the following information for 2025: sales revenue $766,600, cost of goods sold $527,700, operating expenses $88,800, and an unrealized holding loss on available-for-sale debt securities for 2025 of $56,800. It declared and paid a cash dividend of $11,740 in 2025. Novak Co. has January 1, 2025, balances in common stock $352,800; accumulated other comprehensive income $81,800; and retained earnings $91,450. It issued no stock during 2025. Prepare a statement of stockholders' equity. (Ignore income taxes.) tA $ Total NOVAK CO. Statement of Stockholders' Equity +A $ Retained Earnings Accumulated Other Comprehensive Income
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