TA 5 equity section of the balance sheet for the Irvine Corporation at year-enu. 11.18 Interpreting the Foreign Currency Translation Adjustment Account. The following information is taken from the annual report of General Electric Co.: 2018 2017 2016 $(1,664) $2,178 $(1,298) Other Comprehensive Income (in millions) Foreign currency translation adjustment account.. Discuss why the Foreign Currency Translation Adjustment account was negative for GE in two of the three fis- cal years. Are the changes in this account reported on the income statement or in the statement of cash flow for GE? Why or why not? Why are changes in a company's "other comprehensive income" not subject to income taxation? TA 5 limod Coin on Available-for-Sale Securities. The following information is taken