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10. 10%. P sells to S equipment costing $10,000 with accumulate depreciation of 3,000 on 1/1/20 for $12,000. Remaining life = 5 years. Make all
10. 10%. P sells to S equipment costing $10,000 with accumulate depreciation of 3,000 on 1/1/20 for $12,000. Remaining life = 5 years. Make all required consolidating entries for 2020
If SNI = $3,000 in 2020, what will be equity income? __________________________
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