q5

Quiz Company reported the following transactions related to its investments.

A Company reported net income of $1,000,000 for the year ended December 31, Year 1 and $1,200,000 for the year ended December 31, Year 2.

B Company reported net income of $2,000,000 for the year ended December 31, Year 1 and $2,100,000 for the year ended December 31, Year 2.

The following fair values were available for the investments as of December 31, Year 1 and Year 2.

	Year 1	Year 2
A Company	$21 per share	$19 per share
B Company	$27 per share	$28 per share
C Company	$105,000	$99,000
D Company	$55,000	$58,000
E Company	$90,000	$95,000

Determine the pretax increase (decrease) in other comprehensive income in Year 2 resulting from the investments.

Give your answer using dollar signs and commas but no decimal points (cents).

Example: $12,345 or $(12,345)