balance sheet presentation of available for sale investments during 2012 toney cor 380809

Balance Sheet Presentation of Available for Sale Investments During 2012, Toney Corporation held a portfolio of available for sale securities having a cost of $196,900. There were no purchases or sales of investments during the year. The market values at the beginning and end of the year were $232,300 and $187,100, respectively. The net income for 2012 was $181,100, and no dividends were paid during the year. The Stockholders’ Equity section of the balance sheet was as follows on December 31, 2011: Toney Corporation Stockholders’ Equity December 31, 2011 Common stock $41,000 Paid in capital in excess of par value 311,000 Retained earnings 409,600 Unrealized gain (loss) on available for sale investments 35,400 Total 797,000 Prepare the Stockholders’ Equity section of the balance sheet for December 31, 2012.