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Shamrock Co. reports the following information for 2017: sales revenue $780,800, cost of goods sold $519,000, operating expenses $88,800, and an unrealized holding loss on
Shamrock Co. reports the following information for 2017: sales revenue $780,800, cost of goods sold $519,000, operating expenses $88,800, and an unrealized holding loss on available-for-sale securities for 2017 of $56,200. It declared and paid a cash dividend of $12,950 in 2017. Shamrock Co. has January 1, 2017, balances in common stock $362,700; accumulated other comprehensive income $83,900; and retained earnings $98,160. It issued no stock during 2017. Prepare a statement of stockholders equity.
Exercise 4-16 Shamrock Co. reports the following information for 2017: sales revenue $780,800, cost of goods sold $519,000, operating expenses $88,800, and an unrealized holding loss on available-for-sale securities for 2017 of $56,200. It declared and paid a cash dividend of $12,950 in 2017 Shamrock Co. has January 1, 2017, balances in common stock $362,700; accumulated other comprehensive income $83,900; and retained earnings $98,160. It issued no stock during 2017. Prepare a statement of stockholders' equity. SHAMROCK co. Statement of Stockholders' Equity For the Year Ended December 31, 2017 Accumulated Other TotaRetained Earnings Comprehensive Income Common Stock Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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