Fill in the following boxes

Fact set:					$s
A.	SMALL is controlled by BIG
B.	BIG bought ZZ6 on Jan.1, 2xx1 for:				2,00,000
C.	Residual value @ purchase was:				40,000
D.	Asset depreciated SL life in years is				5		depreciation per year
E.	BIG sold ZZ6 to SMALL at 1/1, 2xx3 for:				1,50,000
F.	BIG reported on its books gain or [loss] of:							BV YE2
G.	SMALL depreciates SL with life in yrs. of				5	change fron 4 remaing to 5 remaing
H.	SMALL residual =				10,000		depreciation per year
I.	SMALL sells ZZ6 1/1, 2xx4 for				90,000
J.	SMALL reported on its books gain or (loss) of:						BV @ YE 2xx3
What happened in consolidation
1	BIG bought ZZ6 on Jan.1, 2xx1 for:
2	Residual value @ purchase was:					0	yr 3
3	Asset depreciated SL life in years was						yr 1,2
4	SMALL sellsZZ6 @ 1/1 2xx4 for
5	BV @ Small YE 2xx3					3	years
6	Small recorded gain or (loss) on sale
7	Realized (loss)/gain om sale to 3rd party
8	Consolidated annual SL depreciation Changes-change in est.					B V