Q9- Grey Corp owns 100% of Blue Company. On January 1, 2017 Grey sold Blue a machine for $77,000. Immediately prior to the sale, the machine was recorded on Grey's books at a net book value of $25,000. Prior to the sale, Grey was depreciating the machine on a straight-line basis with 6 years of remaining life and no salvage value. Blue plans to adopt the same depreciation assumptions as Grey. What amount should consolidated net income in 2018 (ignoring income tax effects) be increased or decreased to adjust for this transaction? Use a minus sign to indicate a decrease. Q10-On January 1, 2016, Pulte sold a building to its wholly owned subsidiary, Scott, for $2,704,000. On that date, Pulte carried the building on its books at an original cost of $845,000 and accumulated depreciation of $297,000. Pulte had estimated 8 years total useful life for the building, and was depreciating it on a straight-line basis with $105,000 estimated salvage value. What net book value for this building should be reported on Pulte's consolidated balance sheet as of 12/31/2016