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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
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 $32, ($20), and $22 in 2021, 2020, and 2019, respectively Other Total comprehensive income Years Ended December 31 2021 2020 2019 $ 999 $829 $684 45 (28) 30 (3) (1) 1 $800 $715 $1,041 Kaufman reports accumulated other comprehensive income in its balance sheet as a component of shareholders' equity as follows: (5 in millions) 2021 2020 Shareholders' equity: Common stock 400 Additional paid-in capital 9,484 Retained earnings 8,564 400 9,484 8,008 Accumulated other comprehensive income 140 98 Total shareholders' equity $18,588 $17,990 4 Required: 4. From the information provided, determine how Kaufman calculated the $140 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 a 10).)
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