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Pellinore Co. sells partially-depreciated Equipment to their 80%-owned sub, Sagramore Inc. at a profit. From a consolidated point of view, this profit is considered to

Pellinore Co. sells partially-depreciated Equipment to their 80%-owned sub, Sagramore Inc. at a profit. From a consolidated point of view, this profit is considered to be

Select one:

a.unrealized but recognized

b.realized and unrecognizable

c.confirmed but un recognized

d.unconfirmed and unrecognized

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