From the following information prepare a reformulated statement of common shareholders equity for 2008. Amounts are in
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Balance, December 31, 2007 ..... $1,206
Net income .............. 241
Foreign currency translation loss .... (11)
Unrealized gain on debt security held ... 24
Issue of shares ............ 45
Common dividends .......... (94)
Preferred dividends .......... (15)
Balance, December 31, 2008 ....... $1,396
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Beginning balance 1206 200 1006 Net transactions with shareholders Share issues 45 ...View the full answer
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