The shareholders' equity section of Premiere Catering Incorporated's balance sheet disclosed the following amounts: Accumulated other comprehensive income Dec. 31, 2020 $2,252,800 Dec 31, 2019 $1,817,200 Additional disclosures indicated that the only component included in comprehensive income beyond net income resulted from foreign currency translation adjustments. Net income totaled $9.652,400 and $6.089,200 for the years ending December 31, 2020 and December 31, 2019, respectively. What caused the accumulated other comprehensive income balance to increase during 2020? Exchange rate fluctuations resulted in gains Exchange rate fluctuations resulted in losses Investments in variable interest entities increased