Question: C. Reither Co. reports the following information for 2017: sales revenue $700,000, cost of goods sold $500,000, operating expenses $80,000, and an unrealized holding loss

C. Reither Co. reports the following information for 2017: sales revenue

C. Reither Co. reports the following information for 2017: sales revenue $700,000, cost of goods sold $500,000, operating expenses $80,000, and an unrealized holding loss on available-for-sale securities for 2017 of $60,000. It declared and paid a cash dividend of $10,000 in 2017. C. Reither Co. has January 1, 2017, balances in common stock $350,000; accumulated other comprehensive income $80,000; and retained earnings $90,000. It issued no stock during 2017 Prepare a statement of stockholders' equity. C. REITHER CO Statement of Stockholders' Equity Accumulated Other Total Retained Earnings Comprehensive Income Common Stock

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