Which of the following items would not be reported in the statement of comprehensive 28. income as Other Comprehensive Income? a. Decrease in the value of available-for-sale debt securities b. Loss on postretirement benefit plan assets c. Gain on sale of equipment d. Adjustment for foreign currency translation 29. The shareholders' equity of FSU Industries includes $200,000 of S1 par common stock and $400,000 par value of 6% cumulative preferred stock. The board of directors declared cash dividends of $50,000 in 2021 after paying $20,000 cash dividends in 2020 and $40,000 in 2019. What is the amount of dividends common shareholders will receive in 2021? a. $18,000 b. $22,000 c. $26.000 d. $28.000 30. The changes in account balances for Elder Company for 2021 are as follows: Assets $ 480,000 debit Common stock 250,000 credit Liabilities 160,000 credit Paid-in capital excess of par 30,000 credit Assuming the only changes in retained earnings in 2021 were for net income and a $50,000 dividend, what was net income for 2021? A) $40,000 B) $60,000 C) $70,000. D) $90,000 31. Poodle Corporation was organized on January 3, 2021. The firm was authorized to issue 100,000 shares of 5 par common stock. During 2021. Poodle had the following transactions relating to shareholders' equity: Issued 30,000 shares of common stock at $7 per share. Issued 20,000 shares of common stock at $8 per share. Reported net income of $100,000. Paid dividends of $50,000. What is total paid-in capital at the end of 2021? A) $420,000 B) $370,000 C) $470,000. D) $320,000 10