Marigold Co. reports the following information for 2017: sales revenue $767,000, cost of goods sold...
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Marigold Co. reports the following information for 2017: sales revenue $767,000, cost of goods sold $529,400, operating expenses $90,800, and an unrealized holding loss on available-for-sale securities for 2017 of $52,500. It declared and paid a cash dividend of $12,380 in 2017. Marigold Co. has January 1, 2017, balances in common stock $370,600; accumulated other comprehensive income $86,500; and retained earnings $97,790. It issued no stock during 2017. Prepare a statement of stockholders equity.
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