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XYZ. reports the following information for 2021 to it's accountants: sales revenue $700,000; cost of goods sold $400,000: operating expenses $100,000. An unrealized holding gain

XYZ. reports the following information for 2021 to it's accountants: sales revenue $700,000; cost of goods sold $400,000: operating expenses $100,000. 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 paid a cash dividend of $50,000 in 2021. During 2021, XYZ issued 7,000 shares for $45,000, and issued 20,000 shares for equipment that has a fair value of $95,000. Tax rate for 2021 is 20%. XYZ has 12/31/20 balance in stockholders' equity of $565,000. Common Stock Par Value $2, authorized 400,000 shares, issued and outstanding shares of 50,000; average issue price of $5.50; accumulated other comprehensive income $90,000; and retained earnings $200,000 Instructions: Copy the table below and complete the statement of stockholders' equity for 12/31/21. Prepare a statement of stockholders' equity as of 12/31/21. (8 points) Beginning balances Ending balances Total Retained Earnings AOCI CS APIC F5 F6
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operating expenses $100,000. An unrealized holding gain of $80,000 on dett securites The urcalad ph revero : increase in the fair value of debt securities and is classified as part of othes compretensie incose. xaz sectint on:piat: that has a fair value of $95,000. Tax rate for 2021 is 20%. retained earnings $200,000 Instructions: Copy the table below and complete the statement of stodhalders equity 10 t 1231/21. numare a statement of stockholders' equity as of 12/31/21/8 pointsi

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