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Jack's by the Tracks. has the following partial balance sheet: JACK'S BY THE TRACKS. Balance Sheet (partial) Stockholders equity: Common stock $6009000 Retained earnings 2009000
Jack's by the Tracks. has the following partial balance sheet:
JACK'S BY THE TRACKS. Balance Sheet (partial) | |
Stockholders equity: | |
Common stock | $6009000 |
Retained earnings | 2009000 |
Total paid-in capital and retained earnings | 8018000 |
Accumulated other comprehensive income | 801800 |
Total stockholders equity: | $8819800 |
What effect will the accumulated other comprehensive income have on comprehensive income?
Increase of $801800 in comprehensive income.
Increase of $8819800 in comprehensive income.
Decrease of $801800 in comprehensive income.
No effect on comprehensive income.
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