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The following is from the 2021 annual report of Kaufman Chemicals, Inc. Statements of Comprehernsive Income Years Ended December 31 2019 2021 2020 $944 $774
The following is from the 2021 annual report of Kaufman Chemicals, Inc. Statements of Comprehernsive Income Years Ended December 31 2019 2021 2020 $944 $774 $629 Net income Other comprehensive income: Change in net unrealized gains on AFS investments, net of tax of $27, ($15), and $24 in 2021, 2020, and 2019, respectively (25) (1) 40 32 (3) Other 2 $981 $748 $663 Total comprehensive income Kaufman reports accumulated other comprehensive income in its balance sheet as a component of shareholders' equity as follows: ($ in millions) 2021 2020 Shareholders' equity: 375 Common stock 375 Additional paid-in capital Retained earnings Accumulated other comprehensi ve income 8,979 7,503 8,979 8,059 125 88 $17,538 $16,945 Total shareholders' equity Required: 4. From the information provided, determine how Kaufman calculated the $125 million accumulated other comprehensive income in 2021. (Negative amount should be indicated by a minus sign. Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) ($ in millions) Accumulated other comprehensive income, 2020 Accumulated other comprehensive income, 2021
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