Statement of stockholders equity


Problem:

SunCorp had investments in marketable equity securities costing 650,000 on June 30, year 2. Sun Corp decided to hold the investments indefinitely and accordingly reclassified them from trading to available-for-sale on that date. The investments market value was 575,000 at December 31, year 1, 530,000 at June 30, year 2 and 490,000 at December 31 year 2.

What amount should SunCorp report as net unrealized loss on available-for-sale marketable equity securities in its year 2 statement of stockholders' equity?

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Finance Basics: Statement of stockholders equity
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