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  3. exercise 416 concord co reports the following information for 2017...

Question: exercise 416 concord co reports the following information for 2017...

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Exercise 4-16 Concord Co. reports the following information for 2017: sales revenue $767,500, cost of goods sold $505,000, operating expenses $84,800, and an unrealized holding loss on available-for-sale securities for 2017 of $52,000. It declared and paid a cash dividend of $12,650 in 2017 Concord Co. has January 1, 2017, balances in common stock $360,700; accumulated other comprehensive income $86,400; and retained earnings $91,890. It issued no stock during 2017. Prepare a statement of stockholders equity. CONCORD CO. of Stockholders Equity Accumulated Other Total Retained Earnings Comprehensive Income Common Stock

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