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Williams Corporation had the following equity balances on January 1, 2021: Common Stock, 10,000 shares Retained Earnings Other Comprehensive Income $500,000 250,000 (10,000) Total Stockholders'
Williams Corporation had the following equity balances on January 1, 2021: Common Stock, 10,000 shares Retained Earnings Other Comprehensive Income $500,000 250,000 (10,000) Total Stockholders' Equity 740,000 The following transactions took place during 2021: 1. Issued 1,000 shares of common stock for $70 per share, cash. 2. Purchased 500 shares of its own common stock for $72 per share, cash. 3. Declared a $2.00 per share cash dividend 4. Re-issed 300 shares of treasury stock for $74 per share. 5. Declared and issued a 2:1 stock split 6. Declared a $1.00 per share cash dividend 7. Reported net income of $125,000 8. Reported an unrealized loss of $5,000 to be reported as other comprehensive income What is the ending balance in other comprehensive income
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