Question: Please help me with this question WILSON HAS THE FOLLOWING 2019 DATA: BEGINNING BALANCES: RETAINED EARNINGS 49,500 ACCUMULATED OCI (AOCI) 2,600 COMMON STOCK 250,000 (AOCI
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WILSON HAS THE FOLLOWING 2019 DATA: BEGINNING BALANCES: RETAINED EARNINGS 49,500 ACCUMULATED OCI (AOCI) 2,600 COMMON STOCK 250,000 (AOCI INCLUDES $800 UNREALIZED GAIN FROM AFS DEBT SECURITY X) 2019 ACTIVITY: NET INCOME 55,000 UNREALIZED GAINS SEE FOOTNOTE (A) DIVIDENDS DECLARED 22,000 (NET INCOME INCLUDES REALIZED GAIN FROM AFS DEBT SECURITY X) (A) AFS DEBT SECURITY X: BOUGHT 2018 SOLD 2019 AFS DEBT SECURITY Y: BOUGHT ON 10/16/2019 COST 10,000 FAIR MARKET VALUE ON 12/31/2019 10,250 SOLD ON 3/12/2020 REQUIRED: WHAT IS 2019 COMPREHENSIVE INCOME? REQUIRED: WHAT IS ACCUMULATED OCI AT 12/31/2019? REQUIRED: WHAT IS RETAINED EARNINGS AT 12/31/2019? REQUIRED: WHAT IS TOTAL EQUITY AT 12/31/2019
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