An analyst makes an adjustment for understated depreciation, increasing Company ABC's Accumulated Depreciation (on PP&E) by an amount of $10 million. The Company's tax rate is 40 percent. In the financial statements, this adjustment:

a.

Decreases net non-current assets by $10 million and decreases equity by $10 million.

b.

Increases net non-current assets by $10 million and increases equity by $10 million.

c.

Decreases net non-current assets by $10 million, decreases equity by $6 million, and decreases other non-current liabilities by $4 million.

d.

Decreases net non-current assets by $10 million, decreases equity by $6 million, and decreases net debt by $4 million.