Rockaway Water Company reported the following items on its statement of shareholders' equity for the year ended December 31, 2011 (amounts in thousands of $, except for par value per share):
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Requirement 1. Determine the December 31, 2014, balances in Rockaway Water's shareholders' equity accounts and total shareholders' equity on this date. (Use parentheses or a minus sign with numbers to be subtracted.)
$0.50 par
Common
Additional
Accumulated
Other
Retained Comprehensive
Stock
Paid-in Capital Earnings Income
Balance, December 31, 2013
$
370 $
1,830 $
3,250 $
8 $
5,458
Net carnings
1,230
Other comprehensive income
1
Issuance of stock
45
315
(69)
Cash dividends
Balance, December 31, 2014
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1 Data Table
Balance, December 31, 2013
Net earnings.
Other comprehensive income
Issuance of stock
Cash dividends
Balance, December 31, 2014
$0.50 Par
Common
Additional
Stock
Paid in Capital
$
370 $
1.830 $
Retained
Earnings
Accumulated
Other
Comprehensive
Income
3,250 $
1.230
45
315
(69)
- X
Total
Shareholders'
Equity
8$
5,458
1