Ending balance of accumulated other comprehensive income

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Reference no: EM13765049

For the year ended December 31, 201X, Sky Inc. reported the following.

Net income   $65,000
Preferred dividends declared,  $20,000
Common dividend declared,  $3,000
Unrealized holding loss, net of tax; - Available-For-Sale-Securities  $2,000
Retained earnings  $80,000
Common stock,  $40,000
Accumulated Other Comprehensive Income, Beginning Balance  5,000

What would Sky report as its ending balance of accumulated other comprehensive income?

Reference no: EM13765049

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