How are unrealized profits treated in the consolidated income statement if the intercompany sale occurred in a

Question:

How are unrealized profits treated in the if the intercompany sale occurred in a prior period and the transferred item is sold to a nonaffiliate in the current period?
Consolidated Income Statement
When talking about the group financial statements the consolidated financial statements include Consolidated Income Statement that a parent must prepare among other sets of consolidated financial statements. Consolidated Income statement that is...