Question: Refer to Practice 13-20. Compute the balance in In practice 13-20 ...............................................................Net Income (Loss) ......Dividends 2011 . . . . . . . . .

Refer to Practice 13-20. Compute the balance in
In practice 13-20
...............................................................Net Income (Loss) ......Dividends
2011 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(1,500) ...................$ 0
2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 600....................150
2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,100....................550
The company has some foreign subsidiaries and also maintains a portfolio of available-for-sale securities. During 2011, 2012, and 2013, the U.S. dollar value of the equity of the foreign subsidiaries and the market value of the securities in the available-for-sale portfolio fluctuated as shown below.
..........................................Change in U.S. Dollar Value.....Change in Value of Portfolio
2011
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Increase of $320....................Decrease of $900
2012 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Decrease of $680...................Decrease of $400
2013 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Decrease of $170....................Increase of $560
(1) Retained Earnings
(2) Accumulated Other Comprehensive Income as of the end of each year: 2011, 2012, 2013.

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