"Show iTunes in the Cloud purchases" is missing
I have a MacBook Pro running the latest version of OS X Yosemite and after updating to this version, the "Show iTunes in the Cloud purchases" has disappeared. My brother's MacBook Air which is running the same version, still has this option available. I've tried numerous solutions with no luck. Such as restarting the computer, resetting SMC and PRAM and verifying the disk in disk utility with no luck. I've also signed out of iTunes on my MacBook and tried deauthorizing the computers associated with my account and no luck. Anybody experience this issue? If so, what was the solution to your issue?
MacBook Pro with Retina display, OS X Yosemite (10.10)