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Jack's by the Tracks Has the Following Partial Balance Sheet

Question 72

Multiple Choice

Jack's by the Tracks has the following partial balance sheet: JACK'S BY THE TRACKS.
Balance Sheet (partial)
 Stockholders’ equity.  Common stock $6,000,000 Retained earnings 2,000,000 Total paid-in capital and retained earnings 8,000,000 Accumulated other comprehensive income $00,000 Total stockholders’ equity: $8,800,000\begin{array}{lr}\text { Stockholders' equity. }\\\text { Common stock } & \$ 6,000,000 \\\text { Retained earnings } & 2,000,000 \\\text { Total paid-in capital and retained earnings } & 8,000,000 \\\text { Accumulated other comprehensive income } & \$ 00,000 \\\text { Total stockholders' equity: } & \$ 8,800,000\end{array} What effect will the accumulated other comprehensive income have on comprehensive income?


A) No effect on comprehensive income.
B) Increase of $800,000 in comprehensive income.
C) Increase of $8,800,000 in comprehensive income.
D) Decrease of $800,000 in comprehensive income.

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