Dudes Outfitters Ltd., is a 70%- owned subsidiary of Trail Ltd. On January 10, 20X2, Dudes sold some display cases to Trail Ltd. for $ 95,000, recognizing a gain of $ 45,000 before tax on the transaction. Trail Ltd. depreciated the cases on a straight- line basis over six years, taking a full year’s depreciation in 20X2.
On February 12, 20X5, Trail sold the display cases to an unaffiliated company for $ 55,000.

Required
Prepare the appropriate consolidated adjustments relating to the display cases for each year ended December 31, 20X2 through 20X5.