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points Saved XYZ reports the following information for 2022: sales revenue $1,000,000: cost of goods sold S500,000; operating expenses S290,000 gain on sale of land

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points Saved XYZ reports the following information for 2022: sales revenue $1,000,000: cost of goods sold S500,000; operating expenses S290,000 gain on sale of land $50,000, an unrealized gain in the value of the office building of $160,000, an unrealized loss on available-for-sale securities of S40,000, and an unrealized gain in the value of the company's reputation of S100,000. It declared cash dividend of S150,000 (of which $37,500 will be paid 1/15/23) in 2022. The company issued 15,000 shares on 8/1/22 for equipment valued at $70,000 and 10,000 shares on 4/1/22 for $50,000. Tax rate for 2022 is 20%, As of 12/31/21. XYZ has common stock PV S3, issued 100,000 shares at an average issue price of $4.50; accumulated other comprehensive income $120,000; and retained earnings $600.000, Prepare the Stockholders' equity section of the classified balance sheet for 12/31/22. (10 points) points Saved XYZ reports the following information for 2022: sales revenue $1,000,000: cost of goods sold S500,000; operating expenses S290,000 gain on sale of land $50,000, an unrealized gain in the value of the office building of $160,000, an unrealized loss on available-for-sale securities of S40,000, and an unrealized gain in the value of the company's reputation of S100,000. It declared cash dividend of S150,000 (of which $37,500 will be paid 1/15/23) in 2022. The company issued 15,000 shares on 8/1/22 for equipment valued at $70,000 and 10,000 shares on 4/1/22 for $50,000. Tax rate for 2022 is 20%, As of 12/31/21. XYZ has common stock PV S3, issued 100,000 shares at an average issue price of $4.50; accumulated other comprehensive income $120,000; and retained earnings $600.000, Prepare the Stockholders' equity section of the classified balance sheet for 12/31/22. (10 points)

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