11. A parent charges $30,000 for services provided to its 70%-owned subsidiary. The services cost the parent $17,000. Which statement is TRUE concerning the consolidation working paper eliminating entry with respect to this intercompany transaction? a. Service Expense is reduced by $17,000. b. Service Revenue is reduced by $30,000. C. Service Revenue is reduced by $21,000. d. No working paper eliminating entry is needed.