What would Transformers report as total stockholders equity

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Question - For the year ended December 31, 2020, Transformers Inc. reported the following:

Net income $300,000

Preferred dividends declared 50,000

Common dividend declared 10,000

Unrealized holding loss, net of tax 5,000

Retained earnings, beginning balance 400,000

Common stock 200,000

Accumulated Other Comprehensive Income,

Beginning Balance 25,000

Required - What would Transformers report as total stockholders' equity?

Reference no: EM132705956

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