DTL Co. had an intercompany sale of depreciable assets in a prior year again. The depreciable asset is still in use within the group. Which of the following best describes the consolidation adjustments required in the current year for preparing the consolidated statement of comprehensive income (SCI) related to the intercompany sale of the depreciable assets only?
Consolidated net income would be increased by the amount of the unrealized after-tax gain.
Consolidated net income would be increased by the amount of the after-tax realization of the gain.
Consolidated amortization/depreciation expense would be increased by the amount of amortization of the before-tax gain.
Consolidated tax expense would be decreased by the tax-related to amortization of the gain.