Rig Company sold its factory at a gain, and simultaneously leased it back for 10 years. The factory's remaining economic life is 20 years. The lease was reported appropriately as an operating lease. At the time of sale, Rig should report the gain as Multiple Choice Gain on sale, on the income statement. A component of Other Comprehensive Income, net of income tax. A separate component of stockholders' equity. An asset valuation allowance. Rig Company sold its factory at a gain, and simultaneously leased it back for 10 years. The factory's remaining economic life is 20 years. The lease was reported appropriately as an operating lease. At the time of sale, Rig should report the gain as Multiple Choice Gain on sale, on the income statement. A component of Other Comprehensive Income, net of income tax. A separate component of stockholders' equity. An asset valuation allowance