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For the year ended December 31, 2018, Transformers Inc. reported the following: Net income $180,000...

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Accounting

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For the year ended December 31, 2018, Transformers Inc. reported the following: Net income $180,000 Preferred dividends declared 30,000 Common dividend declared 6,000 Unrealized holding loss on available-for-sale securities, net of tax 3,000 Retained earnings, beginning balance 240,000 Common stock 120,000 Accumulated Other Comprehensive Income, Beginning Balance 15,000 The balance of Accumulated Other Comprehensive Income that is reported on the balance sheet on December 31, 2018: Select one: O a. $192,000 O b. $18,000 O c. $12,000 O d. None of the available choices

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