a. For the income statement effects related to the gain on asset disposal, identify with numbers the adjustments for each of the five years 2015 to 2019 for the following line items. Note: Use a negative sign to indicate if an adjustment decreases an account balance. Note: Round answers to two decimals (for example, enter 14.56 for 14.55555). 2016 Income Statement Adjustments ($ millions) Current Year Gain Adjustments: Gain on disposal (reversal) Tax expense (reversal) Net income (reversal) Allocation of Gain Adjustments: Depreciation expense Tax expense Net income (allocation) Total net income (reversal + allocation) Balance Sheet Adjustments ($ millions) Accumulated depreciation Deferred tax liability Retained Earnings $ $ $ $ 2015 0X $ 0 x 0x 0 x $ 0 x $ 0 x 0 * 0 x $ 0 x $ 0x 0 x $ 2017 0x$ 0x 0x $ 2017 0x $ 0x 0X 0 x $ b. For the balance sheet effects related to the gain on asset disposal, identify with numbers the adjustments for each of the five years 2015 to 2019 for the following line items. Note: Use a negative sign to indicate if an adjustment decreases an account balance. Note: Round answers to two decimals (for example, enter 14.56 for 14.55555). 2015 2016 0 x $ 0x 0 x $ c. What purpose is there to adjusting the income statement and balance sheet? To correct for overstated depreciation expense across years = V 2018 2018 $ 0x 0 x 0 x 0 x $ 0x $ 0 x 0X $ 2019 (102) (22.44) (79.56) 0x 0 x 0x 0x 2019 0 0 0

a. For the income statement effects related to the gain on asser disposal, identify wat numbers the adjustrients for each of the five years 2015 to 2019 for the foliowng ine items Note: Use a negative sign to indicate if an adjustment decreases an account ba'ance, Note: Round answers to two decimals (for example, enter 14.56 for 14.55555) b. For the balance sheet effects related to the gain on asset disposal, identify with numbers the ad, ustments for each of the five years 2015 to 2019 for the following ine cems Note: Use a negative sign to indicate if an adpustment decreases an account balance