E4-16 (Comprehensive Income) C. Reither Co. reports the following information for 2014: sales revenue $700,000;...
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E4-16 (Comprehensive Income) C. Reither Co. reports the following information for 2014: 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 2014 of $60,000. It declared and paid a cash dividend of $10,000 in 2014.C. Reither Co. has January 1, 2014, balances in common stock $350,000; accumulated other comprehen-sive income $80,000; and retained earnings $90,000. It issued no stock during 2014.Instructions Prepare a statement of stockholders equity.
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