When an inter-company gain on sale of land is finally realized by sale of the land to an outsider, the consolidated gain on sale will equal
A) the gain recorded by the affiliate that resold the asset to the outsider.
B) the deferred gain.
C) the sum of the recorded gain on sale to the outsider and the deferred gain.
D) the difference between the recorded gain on sale to the outsider and the deferred gain.