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Exercise 18-1 (Algo) Comprehensive income [LO18-2] The following is from the 2021 annual report of Kaufman Chemicals, Inc.: Statements of Comprehensive Income Net income
Exercise 18-1 (Algo) Comprehensive income [LO18-2] The following is from the 2021 annual report of Kaufman Chemicals, Inc.: Statements of Comprehensive Income Net income Other comprehensive income: Change in net unrealized gains on AFS investments, net of tax of $21, ($19), and $19 in 2021, 2020, and 2019, respectively Other Total comprehensive income Years Ended December 31 2021 2020 2019 $889 $719 $574 34 (27) 26 (3) (2) 2 $920 $690 $602 Kaufman reports accumulated other comprehensive income in its balance sheet as a component of shareholders' equity as follows: (s in millions) 2021 2020 Shareholders' equity: Common stock 345 Additional paid-in capital 8,474 Retained earnings 7,554 345 8,474 6,998 Accumulated other comprehensive income 109 78 Total shareholders' equity $16,482 $15,895 Required: 4. From the information provided, determine how Kaufman calculated the $109 million accumulated other comprehensive income in 2021. (Negative amount should be indicated by a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as
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