Peyton Approved Management Brief Memo Peyton Approved has marketable securities on the balance sheet at a cost of $5,500,000 available-for-sale and the market value at the balance sheet date is $5, 235,000. The difference between the cost and market value of $265,000 will be recorded in the balance sheet as Unrealized loss on Marketable Securities Held for Sale. This is one source of other comprehensive income that is not included in net income because these securities have not been realized. Other comprehensive income is those revenues, expenses, gains, and losses under both Generally Accepted Accounting Principles and International Financial Reporting Standards that are excluded from net income on the income statement. This means they are instead listed after net income on the income statement (Bragg 2019). Other comprehensive income is important because it gives a complete valuation of a company’s earnings and profitability to all who have a stake in the company.