9:00 ill IE Question 3 Not yet answered Marked out of 0.50 Parent has sold a machine with a remaining three-year useful life to its 90% subsidiary on January 1 2019 for $120,000.The carrying value of the machine was $90,000 [cost $140,000 and accumulated depreciation $50,000). The salvage value was $30,000 and Straight-line depreciation is used by both companies. If net income of the subsidiary as of December 31, 2019 was $500,000, the parent's share of subsidiary net income in 2019 would be: Select one: a. $436,000 b. $410,000 C. $432,000 d. $430,000 d