5. Which of the following inventory valuation methods is required by the accounting standard-setting bodies? (15) Lower of cost or net realizable value Weighted average cost First-in, first-out 6. Selected year-end financial statement data for Omega are shown below (in $ millions): Beginning shareholders' equity 475 Ending shareholders' equity 493 Unrealized gain on available-for-sale securities Unrealized loss on derivatives accounted for as hedges Foreign currency translation gain on consolidation Dividends paid 1 Net income 15 Compute Omega's other comprehensive income and total comprehensive income (2) 6 -4 1