For questions requiring use of the codification,please use the following style:

Question 1(ASC Required - 10points):

What items should be included in other comprehensive income?

Question 2(ASC Required -20points):

Youare theController for alargepublicly traded company which has three major components of its business: a manufacturing arm, a merchandising arm which focuses on sales of the internally-manufactured products, and acapital financing arm which previously focused on providing financing to purchasers of the company's products, but has since moved into consumer financing on a wide scale as a way to leverage the company's cash resources. Previously, all of these operations were aggregated on the firm's financial statements. However, your auditor has expressed concern and recommended that youreconsider how you report these segments.You don't remember anything about this from your accounting classes. Use the ASC to determine how to differently report the firm's financials in the future.

Question 3(ASC Required - 20points):

After getting tired of the fast pace of the Silicon Valley business world, you decide to pursue a quiet life on the farm down near Salinas. However, your business savvy means you end up growing into a large, publicly traded company and thus have to follow GAAP. Your operations are getting very large and using traditional inventory systems, such as how you accounted for inventory at your prior jobs, is getting extremely complex and unwieldy. What alternatives and options do you, as a farmer and major agricultural entity, have for dealing with thisaccountingissue?