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You are doing the consolidation working paper for a U.S.company and its U.K. subsidiary, The U.S. dollar has steadily strengthened against the pound. When you do eliminating entries (R) and (C) to recognize and write off previously unrecorded intangible assets for the subsidiary, what is the net effect? Select one A. Loss in other comprehensive Income 3. Loss in income C. Gain in other comprehensive income D. No effect because you don't convert the subsidiary's trial balance to US dollars