Which of the Following Items Would Not Be Reported on a Net-Of-Tax

Multiple Choice

Which of the following items would not be reported on a net-of-tax basis in an entity's financial statements?

A) a revision in the remaining useful life of depreciable equipment, which is accounted for as a change in accounting estimate
B) a gain arising from the sale of a component of the business
C) an adjustment to the financial statements that is accounted for as a prior-period adjustment
D) a loss that qualifies as an extraordinary item