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other comprehensive income

Following is an extract from the statement of shareholders' equity of Joyce Gregory Inc. prepared by the finance manager.
Common stock shares Common stock amount Retained earnings Other Total equity
Balance from previous year 500,000 $5,000,000 $15,000,000 – $20,000,000
Net income – – 100,000 – 100,000
Issuance of common stock 1,000 10,000 – – 10,000...
other comprehensive income – – – 10,000 10,000
Balance at the end of current year 501,000 $5,010,000 $15,100,000 $10,000 $20,120,000
The company's CFO did not approve the financial statements. Which of the following, if true, will support the CEO's decision?

Net income should not be classified under retained earnings.
Issuance of common stock should be part of retained earnings.
Other comprehensive income will not be included as part of shareholders' equity.
Cash flow from operations is not included in the calculation of shareholders' equity.
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