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Schaeffer Corporation reports $70 million accumulated other comprehensive income in its balance sheet as a...

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Accounting

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Schaeffer Corporation reports $70 million accumulated other comprehensive income in its balance sheet as a component of shareholders' equity. In a related statement reporting comprehensive income for the year, the company reveals net income of $440 million and other comprehensive income of $19 million. What was the balance in accumulated other comprehensive income in last year's balance sheet? (Enter your answer in millions (i.e., 10,000,000 should be entered as 10).) Balance million

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