Basit Farms Inc owned all of the voting common stock of Fazal Farms. On January 2, 2017, Basit sold: equipment to Fazal for $125,000. The equipment cost Basit $140,000. At the time of the transfer, the balance in accumulated depreciation was $40,000. The equipment had a remaining useful life of five years and a $0 salvage value. Both entities use the straight-line method of depreciation. At what amount should the equipment (net of depreciation) be included in the consolidated balance sheet dated December 31, 2018? O A. $ 105,000. O B. $ 100,000. O C. $110,000. D. $ 60,000. O E. $ 90,000.