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5 points Save Answer p Corporation owns 100% of S Company's common stock. On January 1, 2017, p sold equipment with a book value or
5 points Save Answer p Corporation owns 100% of S Company's common stock. On January 1, 2017, p sold equipment with a book value or suUUU to s for $400.000. S is depreciating the equipment over a ten-year life by the straight-line method. The net adjustments to compute 2017 and 2018 consolidated income would be an increase (decrease) of: O A. 2017, ($100,000); 2018, $0 ? B. 2017, ($100,000): 2018, $10,000 O C. 2017, ($90,000): 2018, $10,000 OD, 2017, ($135,000); 2018, $15.000
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