For the year ended December 31, 2020, Ivanhoe Company reported the following: Net income Preferred dividends declared Common dividend declared Unrealized holding loss, AFS debt security Retained earnings Common stock Accumulated Other Comprehensive Income, $310000 49900 10700 5300 391000 210000

For the year ended December 31, 2020, Ivanhoe Company reported the following: Net income Preferred dividends declared Common dividend declared Unrealized holding loss, AFS debt security Retained earnings Common stock Accumulated Other Comprehensive Income, $310000 49900 10700 5300 391000 210000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

For the year ended December 31, 2020, Ivanhoe Company reported the following:
Net income
Preferred dividends declared
Common dividend declared
Unrealized holding loss, AFS debt security
Retained earnings
Common stock
Accumulated Other Comprehensive Income,
Beginning Balance
$310000
$30600
$25300
$20000
$5300
49900
10700
5300
391000
210000
25300
What would Ivanhoe report as its ending balance of Accumulated Other Comprehensive Income?

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