19. Moreau Company, a 100% owned subsidiary of Robertson Corporation, sells inventory to Robertson at a 30% profit on selling price. The following data are available pertaining to inter-company purchases by Robertson: Inter-company sales: Unsold at year end (based on selling price): 2016: $17,600 2016: $3,200 2017: $24,300 2017: $5,700 2018: $27,000 2018: $4,800 Morneau's profit numbers were $113,000, $204,000 and $225,600 for 2016, 2017, and 2018, respectively. Robertson received dividends from Morneau of $21,000 for 2016 and 2017, and $25,000 for 2018. Assume Morneau uses the cost method to account for its investment in Robertson. Compute the amount of beginning of year (ADJ) adjustment necessary for consolidation for the year ended December 31, 2017. A) $ 91,040 B) $113,000 C) $112,040 D) $ 92,000