A parent company acquires a subsidiary on January 1, 2014. The subsidiarys equipment (five year remaining life, straight-line) is undervalued by $25 million at the date of acquisition. On the consolidation working paper prepared at December 31, 2016 (three years later), how does eliminating entry (R) affect the equipment account?

a. $15 million debit

b. $10 million debit

c. $ 5 million credit

d. $15 million credit