A parent owns $80\%$ of its subsidiary's voting stock. At the end of the year, the subsidiary's ending inventory includes $$15,000$ in

unconfirmed profit on merchandise purchased from the parent. The subsidiary's beginning inventory included unconfirmed

profit of $$10,000$ on merchandise purchased from the parent. The parent's ending inventory includes $$40,000$ in unconfirmed

profit on merchandise purchased from the subsidiary. The parent's beginning inventory included $$35,000$ in unconfirmed profit

on merchandise purchased from the subsidiary. Consolidation eliminating entries $($I$)$ related to this information include a debit to

the subsidiary's beginning retained earnings in the amount of

Select one:

a$.$ $$28,000$

b$.$ $$8,000$

c$.$ $$35,000$

d$.$ $$10,000$