Question: For the year ended December 3 1 , 2 0 1 5 , Transformers Inc. reported the following: Net income $ 1 2 0 ,

For the year ended December 31,2015, Transformers Inc. reported the following:
Net income $120,000
Preferred dividends declared15,000
Common dividend declared5,000
Unrealized holding gain, net of tax12,000
Retained earnings, beginning balance180,000
Common stock100,000
Accumulated Other Comprehensive Income,
Beginning Balance15,000
What would Transformers report as total stockholders' equity?
Question 11Select one:
A.
$368,000
B.
$378,000
C.
$380,000
D.
$402,000

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