P 1. 2. Difference in net income: $97,600

P 2. Income Before Extraordinary Items and Cumulative Effect of Accounting Change: $410,000

P 3. Income from Continuing Operations, December 31, 20x3: $157,500

P 4. 2. Total Stockholders’ Equity, December 31, 20x5: $2,964,000

P 5. 2. Retained Earnings: $250,000; Total Stockholders’ Equity: $2,350,000

P 6. 2. Total Stockholders’ Equity: $2,802,800

P 7. Income Before Extraordinary Items and Cumulative Effect of Accounting Change: $216,000

P 8. 2. Total Stockholders’ Equity, December 31, 20x3: $518,500

P 9. 2. Retained Earnings: $397,000; Total Stockholders’ Equity: $2,577,000