Windsor Co. reports the following information for 2020: sales revenue $769,800, cost of goods sold $503,700, operating
Question:
Windsor Co. reports the following information for 2020: sales revenue $769,800, cost of goods sold $503,700, operating expenses $82,700, and an unrealized holding loss on available-for-sale debt securities for 2020 of $57,700. It declared and paid a cash dividend of $11,690 in 2020.
Windsor Co. has January 1, 2020, balances in common stock $353,400; accumulated other comprehensive income $81,000; and retained earnings $93,870. It issued no stock during 2020. (Ignore income taxes.)
a statement of stockholders' equity.
WINDSOR CO.
Statement of Stockholders' Equity
For the Year Ended December 31, 2020
Total Retained Earnings Accumulated Other Comprehensive Income Common Stock
Beginning Balance
Net Income
Other Comprehensive Income
Unrealized Holding Loss
Dividends
Ending Balance