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Statement of Financial Accounting Standards No. 130 - page 48 / 57

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Comprehensive

                                                                    Comprehensive      Retained                      Common      Paid-in

                                                                                                      Income                     Capital                                                         Total         Income\a/        Earnings                     

Beginning balance                                    $563,500                       $  88,500         $25,000     $150,000     $300,000

Comprehensive income

   Net income                                          63,250           $  63,250      63,250

   Other comprehensive income, net of tax

   Unrealized gains on securities, net of

     reclassification adjustment (see disclosure)      11,500              11,500

   Foreign currency translation adjustments             8,000               8,000

   Minimum pension liability adjustment                (2,500)             (2,500)

   Other comprehensive income                                              17,000                      17,000

Comprehensive income                                                    $  80,250

Common stock issued                                   150,000           =========                                   50,000      100,000

Dividends declared on common stock                    (10,000)                        (10,000)

                                                    ---------                       ---------------------------------------------------

Ending balance                                       $783,750                        $141,750         $42,000     $200,000     $400,000

=========                      ===================================================

Disclosure of reclassification

amount:\b/

Unrealized holding gains arising                                      $   13,000

during period

Less:  reclassification adjustment                                        (1,500)

for gains included in net income

Net unrealized gains on securities                                    $   11,500

                                                                      ==========

===========================================================================

\a/ Alternatively, an enterprise can omit the separate column labeled

   "Comprehensive Income" by displaying an aggregate amount for

   comprehensive income ($80,250) in the "Total" column.

\b/ It is assumed that there was no sale or liquidation of an investment

   in a foreign entity.  Therefore, there is no reclassification

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