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Using Interrelations of Financial Statements Answer each of the following separate questions. a. Given comprehensive income of $68,800, and other comprehensive income of $6,400, determine
Using Interrelations of Financial Statements Answer each of the following separate questions. a. Given comprehensive income of $68,800, and other comprehensive income of $6,400, determine net income for the same period. $ b. Given accumulated other comprehensive income on January 1 of $896,000 (credit), and other comprehensive income for the year of $104,000 (gain), what is accumulated other comprehensive income at year-end? *Indicate a debit balance with a negative sign. $ c. Assuming no dividend payments, determine net income if retained earnings increased by $32,000. $ d. Given an ending balance of stockholders' equity of $121,600, an ending balance in no-par common stock of $80,000, and an ending balance in retained earnings of $54,400, determine the ending balance in accumulated other comprehensive income. *Indicate a debit balance with a negative sign. q e. Given the information in part d, can other comprehensive income for the year be determined? Why or why not? f. If cash decreased during the year by $14,400 and ending cash totaled $8,000, determine beginning cash for the period. $
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