ZENITH COMPANY
Statement of Changes in Owners' Equity
For the year ended December 31,20X1

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	Total	Comprehensive income	Retained earnings	Accumulated other comprehensive income	Common stock
Beginning balances	$560,000		$200,000	$ 60,000	$300,000
Comprehensive income:
Net income	100,000	100,000	100,000
Other Comprehensive income:
Unrealized losses on marketable securities	(20,000)	(20,000)		(20,000)
Comprehensive income		$ 80,000 =======
Ending balances	$640,000 =======		$300,000  ========	$ 40,000 =========	$300,000  ========