Alpha Inc. purchased 70% of the outstanding shares of Beta Inc. on January 1, X1, at a price that was in excess of the subsidiary's net FV. On that date. Beta had equipment with a BV of $100,000 and a FV of $160,000 (with a remaining useful life of 10 years). On December 31, X6, Beta sales the equipment to an outside party for $100.000. What would be the consolidation adjustment required for X6 regarding the sale of equipment? No adjustment required Gain on sale of equipment should be decreased by $24.000 Gain on sale of equipment should be increased by $24.000 None of these answers Gain on sale of equipment should be decreased by $60,000