Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

تمرين 41

Dunn Corporation owns 100 percent of Grey Corporation's common stock.On January 2, 2010, Dunn sold to Grey for $40,000 machinery with a carrying amount of $30,000.Grey is depreciating the acquired machinery over a five-year life by the straight-line method.The net adjustments to compute 2010 and 2011 consolidated net income would be an increase (decrease) of