Question: Reformulate the following statement of shareholders' equity statement for J.C. Penney Company. Dividends paid consisted of $24 million in preferred dividends and $225 million in

Reformulate the following statement of shareholders' equity statement for J.C. Penney Company. Dividends paid consisted of $24 million in preferred dividends and $225 million in commondividend

J. C. PENNEY COMPANY, INC., AND SUBSIDIARIES Consolidated Statements of Stockholders Equity Accumulated Other Total Common Preferred Reinvsed Comprehensive Stockholders Equity 7228 (705) (S in milions) Stock Stock Earnings (Loss)/Income 3256 (74) 3,590 (705) January 29, 2000 Net loss Net unealized change in investments Currency transation adjustments Other comprehensive income fronm 445 (14) 15 14) discontinued operations Total comprehensive (iossincome Dividends Common stock issued Preferred stock retired January 27, 2001 4 7011 (705) (249) 28 (47) $5,259 28 (47) 3,294 $399 $2,536 (70

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