Problem: For the year ended December 31, 2010, Transformers Inc. reported the following:
Net income $ 60,000
Preferred dividends declared, $10,000
Common dividend declared, $2,000
Unrealized holding loss, net of tax; $1,000
Retained earnings $80,000
Common stock, $40,000
Accumulated Other Comprehensive Income, Beginning Balance 5,000
What would Transformers report as its ending balance of Accumulated Other Comprehensive Income?