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Waterway plc reports the following information for 2022: sales revenue 768,300, cost of goods sold 522,500, operating expenses 81,300, and an unrealized holding loss on
Waterway plc reports the following information for 2022: sales revenue 768,300, cost of goods sold 522,500, operating expenses 81,300, and an unrealized holding loss on equity securities designated at fair value through other comprehensive income for 2020 of 56,500. It declared and paid a cash dividend of 13,070 in 2022. Waterway plc has January 1, 2022, balances in share capital-ordinary 367,600; accumulated other comprehensive income related to the unrealized holding gain of 87,300; and retained earnings 96,480. It issued no ordinary shares during 2022. Ignore income taxes. Prepare a statement of changes in equity. Beginning Balance Net Income Unrealized Gains on Equity Securities Designated at Fair Value Through Other Comprehensive Income Dividends Ending Balance eTextbook and Media WATERWAY PLC Statement of Changes in Eity For the Year Ended December 31, ku22 Share Capital-Ordinary 367600 13109 26140 -13070 367600 Save for Later Last saved 7 seconds ago. Attempts: 2 of 3 used Submit Answer Share Capital-Ordinary 367600 13109 26140 -13070 Retained Earnings Accumulated Other Comprehensive Income 96480 164500 26140 -13070 i Total Equity 87300 551380 56500 164500 -56500 i -13070 i 367600 247910 30800 646310 eTextbook and Media Attempts-2.of.3used Submit
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