Compute the missing amounts for each of the three years

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Reference no: EM131195016

Accumulated other comprehensive income relations. Selected information based on the comparative balance sheets for MosTechi Corporation (MosTechi), a Japanese electronics manufacturer, appears next for the years ended March 31, Years 6, 7, and 8. MosTechi applies U.S. GAAP and reports its results in millions of yen (¥).

MosTechi Corporation Balance Sheet Data March 31, Year 8, Year 7, and Year 6

  Year 8  Year 7 Year 6
Common Stock ¥ 626,907 ¥ 624,124 ¥ 621,709
Accumulated Other Comprehensive Income ? ? ?

Retained Earnings

?

1,602,654

1,506,082

Treasury Stock

?

(3,127)

(6,000)

Additional Paid-In Capital

1,143,423

1,136,638

1,134,222

Total Shareholders' Equity

3,351,500

?

2,870,338

MosTechi's other comprehensive income for Year 7 was ¥229,238; in Year 8 it was ¥40,944.

During Year 8 MosTechi had net income of ¥126,328 and declared and paid dividends of ¥25,042.

During Year 8 MosTechi reported a ¥3,807 decrease to retained earnings to adjust for the cumulative effect of an accounting change.

Compute the missing amounts for each of the three years.

Reference no: EM131195016

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