Lorikeet Corporation acquired a 80% interest in Nectar Corporationon January 1,2000 at a cost equal to book value and fair value. In the same year Nectar sold land costing $30,000 to Lorikeet for $50,000 on July 1, 2005. Lorikeet sold the land to an unrelated party for$110,000. what was the gain on the consolidated income statement