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Skysong Co. reports the following information for 2017: sales revenue $388,000, cost of goods sold $259,000, operating expenses $45,000, and an unrealized holding loss on

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Skysong Co. reports the following information for 2017: sales revenue $388,000, cost of goods sold $259,000, operating expenses $45,000, and an unrealized holding loss on available for sale securities for 2017 of $30,000. It declared and paid a cash dividend of $6,000 in 2017 Skysong Co has January 1, 2017, balances in common stock 5185.000 accumulated other comprehensive income $44.000; and retained earnings $49,000. It issued no stock during 2017 Prepare a statement of stockholders equity SKYSONG CO. Statement of Stockholders' Equity Total Comprehensive Income Retained Earnings $ 5 Beginning Balance Comprehensive Income Net Income Other Comprehensive Income SKYSONG CO. Statement of Stockholders' Equity Total Comprehensive Income Retained Earnings Beginning Balance Comprehensive Income Net Income Other Comprehensive Income Unrealized Holding Loss Beginning Balance

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