contestada

Sandhill Corp. has common stock of $3521000, Retained Earnings of $1821000, unrealized gains on trading securities of $82000 and unrealized losses on available-for-sale securities of $131000. What is the total amount of their stockholders' equity? O $5342000. O $5260000. O $5129000. O $5211000.​

Respuesta :

To find the total amount of stockholders' equity, we add the common stock, retained earnings, and unrealized gains, then subtract the unrealized losses:

Total stockholders' equity = Common stock + Retained earnings + Unrealized gains on trading securities - Unrealized losses on available-for-sale securities

Given:
Common stock = $3,521,000
Retained earnings = $1,821,000
Unrealized gains on trading securities = $82,000
Unrealized losses on available-for-sale securities = $131,000

Plugging in the values:

Total stockholders' equity = $3,521,000 + $1,821,000 + $82,000 - $131,000

Total stockholders' equity = $5,292,000

Therefore, the total amount of their stockholders' equity is $5,292,000.

So, the closest option is: O $5260000.