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Swifty Co. reports the following information for 2025: sales revenue $768,300, cost of goods sold $516,000, operating expenses $85,000, and an unrealized holding loss
Swifty Co. reports the following information for 2025: sales revenue $768,300, cost of goods sold $516,000, operating expenses $85,000, and an unrealized holding loss on available-for-sale debt securities for 2025 of $60,700. It declared and paid a cash dividend of $12,070 in 2025. Swifty Co. has January 1, 2025, balances in common stock $358,200; accumulated other comprehensive income $88,500; and retained earnings $91,950. It issued no stock during 2025. Prepare a statement of stockholders' equity. (Ignore income taxes.) SWIFTY CO. Statement of Stockholders' Equity
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