Question: P1-40. Formulating a Statement of Stockholders' Equity from Raw Data (LO2) Gap, Inc., reports the following selected information at February 2,2013 ($ millions) Contributed capital,
P1-40. Formulating a Statement of Stockholders' Equity from Raw Data (LO2) Gap, Inc., reports the following selected information at February 2,2013 ($ millions)
Contributed capital, February 2, 2013..$2,919
Treasury stock, February 2, 2013..$(13,465)
Retained earnings, February 2, 2013..$13,259
Accumulated other comprehensive income, February 2, 2013..$181
During fiscal year 2013, Gap reported the following:
a. Issuance of stock..$3
b. Repurchase of stock..$705
c. Net income..$1,135
d. Cash dividends..$240
e. Other comprehensive income (loss)$(48)
Required
Use this information to prepare the statement of stockholders' equity for Gap, Inc., for fiscal year 2013.
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