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XYZ . reports the following information for 2 0 2 4 to it's accountants: sales revenue $ 7 0 0 , 0 0 0 ;

XYZ. reports the following information for 2024 to it's accountants: sales revenue $700,000; cost of goods sold $400,000; operating expenses $120,000. An unrealized holding gain of $80,000 on debt securities. The unrealized gain represents an increase in the fair value of debt securities and is classified as part of other comprehensive income. XYZ declared and pald a cash dividend of $50,000 in 2024. During 2024, XYZ issued 7,000 shares for $45.000. Tax rate for 2024 is 20%.
XYZ has 1231?23 balance in stockholders' equity of $565,000. Common Stock Par Value $3, authorized 400,000 shares, issued and outstanding shares of 40,000 ; average issue price of $5.50; accumulated other comprehensive income $90.000; and retained earnings $255,000
Instructions: Copy the table below and complete the stateme kholders' equity for 1231?24.
Prepare a statement of stockholders' equity as of 12/31/24.
\table[[Beginning balances,Total,\table[[Retained],[Earnings]],AOCI,CS],[,,,,]]
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