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Question 10 of 13 - / 1 III View Policies Current Attempt in Progress Ayayai Limited reports the following for 2020: sales revenue, $ 901.000;
Question 10 of 13 - / 1 III View Policies Current Attempt in Progress Ayayai Limited reports the following for 2020: sales revenue, $ 901.000; cost of sales, $ 730,000: operating expenses, $ 100,100; and unrealized gain on FV-OCI investments, $ 58,000. The company had January 1, 2020 balances as follows: common shares, $ 400,000: accumulated other comprehensive income, $ 180,000; and retained earnings, $ 901,000. The company did not issue any shares during 2020. On December 15, 2020. the board of directors declared a $ 250.000 dividend payable on January 31, 2021. Prepare a statement of changes in equity. Ignore income tax. Ayayai Limited Statement of Changes in Shareholders' Equity Accumulated Other Comprehensive Income Common Shares Retained Earnings Beginning Balance $ $ $ Comprehensive Income: Net Income /(Loss) Other Comprehensive Income Unrealized Gain - OCI Dividends Ending Balance $ $ $
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