27. Gain on intercompany transfers of Depreciable noncurrent assets Assume that a parent company owns a 100% controlling interest in its long-held subsidiary. On January 1,2016 a parent company sold equipment to the subsidiary for $210,600. The equipment originally cost the parent $234,000, and accumulated depreciation through December 31, 2015 was $58,500. The parent depreciated the equipment assuming a 12-year useful life under the straight-line method and no salvage value. After the transfer, the subsidiary will depreciate the equipment for 9 years with no salvage value. Related to the transferred equipment, what is the net balance that will be reported in the December 31, 2016 consolidated balance sheet? A. $191,100 B. $152,100 C. $175,500 D. $156,000