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Starling Corporation started the year on January 1 with the following balances in stockholders' equity on its balance sheet. (Click the icon to view
Starling Corporation started the year on January 1 with the following balances in stockholders' equity on its balance sheet. (Click the icon to view the balance sheet items.) It reported the following income items and transactions with owners during the current year: (Click the icon to view the income items and transactions.) Starling Corporation Statement of Stockholders' Equity For the Year Ended December 31 Data table Prepare a Statement of Stockholders' Equity to answer the questions: What is the amount of Starling's retained earnings, contributed capital, and accumulated other comprehensive income at the end of the year? (If an input field is not used in the statement, leave the input field empty; do not enter a zero. Use a minus sign or parentheses to show a decrease to stockholders' equity.) Data table - X Net loss Common Additional Paid-in- Retained Stock Capital Earnings Accumulated Other Comprehensive Income Retained earnings $ 876,000 $ (29,000) Dividends declared $ 5,000 Total Common stock, $1.00 par (100,000 shares) Additional paid-in-capital $ 100,000 Accumulated other comprehensive income $ 342,000 $ 17,000 Issued 20,000 shares of common stock for $400,000 Unrecognized pension costs, net of taxes $ 400,000 $ (12,000) Unrealized gains on available-for-sale investments, net of taxes Foreign currency translation adjustments-loss, net of taxes $ 68,000 $ (34,000) Balance, January 1 Net Loss Dividends Declared Issuance of Common Stock Other Comprehensive Income, net of taxes Balance, December 31 What is the amount of Starling's retained earnings, contributed capital, and accumulated other comprehensive income at the end of the year? Retained earnings Contributed capital Accumulated other comprehensive income Print Done Print Done
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