A parent entity group sold a depreciable non$-$current asset to a subsidiary entity for $$5300.$ The asset originally cost $$7000$ when acquired from an external party and at the date of the intragroup sale, the accumulated depreciation was $$2200.$ The amount of the unrealised gain on the intragroup sale to be eliminated is:

Question $10$ Answer

a$.$

$$5300$

b$.$

$$4800$

c$.$

$$2200$

d$.$

$$1700$

e$.$

$$500$