6. If a parent company and its subsidiary file separate income tax returns, a deferred income tax liability is recognized in working paper eliminations for a:

a. Parent company’s open-market acquisition of its subsidiary’s outstanding bonds.

b. Subsidiary’s sale of merchandise to its parent company.

c. Wholly owned subsidiary’s sale of land to a partially owned subsidiary.

d. Partially owned subsidiary’s sale of an intangible asset to a wholly owned subsidiary.