Which of the following explains why items are reported as $$other comprehensive income$$ and not included in net income.

Other comprehensive income items are volatile, transitory, and often outside of the control of management.

US GAAP does not allow any unrealized gains or losses to affect net income.

Transactions included as other comprehensive income will never be included in net income in future periods.

Other comprehensive income items are recorded net of tax and only pretax amounts affect net income.