Polychromasia Company sold inventory costing \($30,000\) to its subsidiary, Simply Colorful, for double its cost in 2009. Polychromasia owns 80% of Simply Colorful.

Simply resold \($50,000\) of this inventory for \($60,000\) to outsiders in 2009. How much unrealized profit exists at the end of the year?

a. \($10,000\)

b. $8,000

c. $5,000

d. $20,000