Marigold Co. reports the following information for 2020: sales revenue $780,800, cost of goods sold $519,000, operating expenses $88,800, and an unrealized holding loss on available-for-sale debt securities for 2020 of $56,200. It declared and paid a cash dividend of $12,950 in 2020. Marigold Co. has January 1, 2020, balances in common stock $362,700; accumulated other comprehensive income $83,900; and retained earnings $98,160. It issued no stock during 2020. (Ignore income taxes.) Prepare a statement of stockholders’ equity.

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares

Before preparing the statement of stockholders’ equity we need to calculate the net income or net loss as the case may be. The computation is shown below:

Net income = Sales revenue - cost of goods sold - operating expenses

= $780,800 - $519,000 - $88,800

= $173,000

The preparation of the statement of stockholders’ equity is presented in the spreadsheet. Kindly find the attachment below: