Costco€™s Comprehensive Income Following is the consolidated statement of stockholders€™ equity of Costco Wholesale Corporation for the year ended August 31, 2008:

Required
1. Costco has an item in the statement of stockholders€™ equity called Other Comprehensive Income. What are the possible sources of other comprehensive income as discussed in your text?
2. Besides Net Income and Other Comprehensive Income, what other items affected stockholders€™ equity during the period?
3. How do cash dividends affect stockholders€™ equity? How would a stock dividend affect stockholders€™equity?

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Costco Wholesale Corporation Consolidated Statements of Stockholders' Equity and Comprehensive Income Other Common Stock Shares 437013 PaidIn Comprehensive Capital Amount Income/ILoss Eamings Adjusted balance at September 2, 2007 $2,185 ,118,224 $370,589 S5,126,335 $8,617333 Net income 1,282,725 1282,725 84,928 1.197,797 362,408 Foreign currency translation adjustment and other Comprehensive income 84,928 Stock options exercised and vesting of 9,299 362,361 restricted stock units, including income tax benefits and other Conversion of convertible notes Stock repurchase Stock-based compensation Cash dividends Balance at August 31, 2008 397 783,177 986,950) 166.105 (265,029) 265,029 $285,661 $5,360,854 9,192,061 (13,812) 103,704) 166,105 432,513 $2.163 $3,543,383