For the year ended December 31, 2025, Carla Vista Inc. reported the following: Net income Preferred dividends declared $290600 50000 Common dividends declared 10000 Unrealized holding loss, net of tax 4800 Retained earnings, beginning balance 392900 Common stock 199800 Accumulated other comprehensive income, beginning balance (net gains) 25100 What would Carla Vista report as its ending balance of Accumulated Other Comprehensive Income?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 7E: Multiple-Step and Single-Step Income Statements, and Statement of Comprehensive Income On December...
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For the year ended December 31, 2025, Carla Vista Inc. reported the following:
Net income
$290600
Preferred dividends declared
50000
Common dividends declared
10000
Unrealized holding loss, net of tax
4800
Retained earnings, beginning balance
392900
Common stock
199800
Accumulated other comprehensive Income,
beginning balance (net gains)
25100
What would Carla Vista report as its ending balance of Accumulated Other Comprehensive Income?
$4800
Transcribed Image Text:For the year ended December 31, 2025, Carla Vista Inc. reported the following: Net income $290600 Preferred dividends declared 50000 Common dividends declared 10000 Unrealized holding loss, net of tax 4800 Retained earnings, beginning balance 392900 Common stock 199800 Accumulated other comprehensive Income, beginning balance (net gains) 25100 What would Carla Vista report as its ending balance of Accumulated Other Comprehensive Income? $4800
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