Coal inc had the following amounts on its balance sheet on December 31, 2018:
Common stock $159000
Retained earnings 963,000
Treasury stock 123,000
Accumulated other comprehensive income (37,500)
During 2019, Coal inc reported net income of $69,300, declared cash dividends of $47,700,purchased additional treasury stock for $12,600, and experienced a foreign currency translation gain of $5,400. What amount will Coal inc report as total stockholders equity at December 31, 2019 on its statement of stockholders equity?
Common Stock | $ 1,59,000 | =159000 |
Retained Earnings | $ 9,84,600 | =963000+69300-47700 |
Treasury Stock | $ 1,35,600 | =123000+12600 |
Accumulated other comprehensive income | $ -32,100 | =-37500+5400 |
Total Shareholder's Equity | $ 12,47,100 |
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