13. During the current period, Angelo Limited sold inventories to its parent entity at a profit of $4 000. The inventories cost Angelo Limited $16 000. At balance sheet date the parent had sold 50% of the inventories to an external party. The consolidation adjustment entry (excluding tax effects) will eliminate unrealised profit amounting to:

a) $2 000.

b) $4 000.

c) $12 000.

d) $16 000.