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Vaughn Co. reports the following information for 2017: sales revenue $762,900, cost of goods sold $518,900, operating expenses $83,600, and an unrealized holding loss on
Vaughn Co. reports the following information for 2017: sales revenue $762,900, cost of goods sold $518,900, operating expenses $83,600, and an unrealized holding loss on available-for-sale securities for 2017 of $53,600. It declared and paid a cash dividend of $13,990 in 2017. Vaughn Co. has January 1, 2017, balances in common stock $366,000; accumulated other comprehensive income $83,700; and retained earnings $92,370. It issued no stock during 2017. Prepare a statement of stockholders equity.
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