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.