On January 1, 2021, Sports (sub) sold equipment to Dynamic (parent) for 49,000. Sports originally purchased the equipment for $60,000 and the equipment had a net book value of $30,000 on January 1, 2021. The equipment has a remaining useful life of 10 years. Both Dynamic and Sports use straight-line depreciation with no residual value. Sports recorded the gain on the equipment sales to Other Income and Deductions.

Dynamic uses the equity method. What is the consolidation journal entry for this upstream transaction?