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

question 263

Multiple Choice

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