Formulating a Statement of Stockholders' Equity from Raw Data Gap, Inc., reports the following selected information at January 30, 2010 ($ millions). Contributed capital, Jan. 30, 2010 $2,990 Treasury stock, Jan. 30, 2010 (9,069) Retained earnings, Jan. 30, 2010 10,815 Accumulated other comprehensive income, Jan. 30, 2010 155 During fiscal year 2011, Gap reported the following: 1. Sale of stock $ 4 2. Purchase of stock 1,797 3. Net income 1,204 4. Cash dividends 252 5. Other comprehensive income 30 Use this information to prepare the statement of stockholders' equity for Gap, Inc., for year ended January 29, 2011. Hint: Enter treasury stock, cash dividends and losses as negative numbers.

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)