Dunn Corp. owns 100% of Grey Corp.’s common stock. On January 2, Year 3, Dunn sold to Grey for $40,000 machinery with a carrying amount of $30,000. Grey is depreciating the acquired machinery over a 5-year life by the straight-line method. The net adjustments to compute Year 3 and Year 4 consolidated income before income tax are an increase (decrease) of:
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