XYZ reports the following information for 2022: sales revenue $1,000,000; cost of goods sold $500,000; operating expenses $290,000; gain on sale of land $50,000: an unrealized gain in the value of the office building of $160,000; an unrealized loss on available for sale securities of $40,000; and an unrealized gain in the value of the company's reputation of $100,000. It declared cash dividend of S150.000 (of which $37,500 will be paid 1/15/23) in 2022. The company issued 15,000 shares on 8/1/22 for equipment valued at $70,000 and 10,000 shares on 4/1/22 for $50,000. Tax rate for 2022 is 20% As of 12/31/21, XYZ has common stock PV S3, issued 100,000 shares at an average issue price of $4.50; accumulated other comprehensive income $120,000, and retained earnings $600,000 XYZ reports the following information for 2022: sales revenue $1,000,000; cost of goods sold $500,000; operating expenses $290,000; gain on sale of land $50,000: an unrealized gain in the value of the office building of $160,000; an unrealized loss on available for sale securities of $40,000; and an unrealized gain in the value of the company's reputation of $100,000. It declared cash dividend of S150.000 (of which $37,500 will be paid 1/15/23) in 2022. The company issued 15,000 shares on 8/1/22 for equipment valued at $70,000 and 10,000 shares on 4/1/22 for $50,000. Tax rate for 2022 is 20% As of 12/31/21, XYZ has common stock PV S3, issued 100,000 shares at an average issue price of $4.50; accumulated other comprehensive income $120,000, and retained earnings $600,000