Question: so, dont put write down of inv, restruct cost under other expenses please... the class i am in uses it as operating exp coorp end

 so, dont put write down of inv, restruct cost under other
so, dont put write down of inv, restruct cost under other expenses please... the class i am in uses it as operating exp

coorp end bet The company's total shareholders' equity as of 12/31/2020 is $1,777,000 Common stock; par value of $2; Auth 500,000 and issued/outstanding 100,000 @ an average issue price of $4.75. Accumulted other comprehensive income is $180,000 The balance in shareholders' equity is retained earnings. During 2021 Sales revenue $880,000, Interest revenue $30,000; rent revenue $160,000, Dividend Revenue $80,000; sales Returns & Allowances $25,000 Sales discounts $70,000; COGS $350,000; Selling exp $100,000; General Administrative expenses $80,000; Interest expense $70,000, Loss on sale of investments $60,000; Restructuring Costs $75,000; Gain on sale of compenant that qualifies as a discontinued ops $150,000, Write down of Inventory $50,000; foreign currency translation gain $20,000; unrealized gain in value of land $50,000; Unrealized gain in the value of patents $50,000; unrealized loss in value of available for sale securities $60,000; Additional information: Tax rate is 20% The company issues 50,000 shares on 10/1/21 for $250,000. The company issues 20,000 shares on 7/1/21 for equipment that has a fair value of $100,000 The company declared dividends of $100,000 of which $25,000 will be paid on 1/31/22. 1.) Prepare a statement of comprehensive income utilizing the multiple step income statement approach 2.) Prepare a statement of shareholders' equity

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