During the year ended 30 June 2022, a subsidiary entity sold inventories to a parent entity for $50 000. The inventories had previously cost the subsidiary entity $45 000. By 30 June 2022 the parent entity had sold all the inventories to a party outside the group. The company tax rate is 30%. The adjustment entry in the consolidation worksheet at 30 June 2023 is: O a. No entry is required O b. Retained earnings Inventories Deferred tax asset Retained earnings 858 5 Dr 5 000 Cr Dr 5 000 1 500 1 500 Retained earnings Dr 3 500 Income tax expense Dr 1 500 Cost of sales Cr 5 000 d. Sales revenue Cost of sales Inventories Deferred tax asset Income tax expense Dr 50 000 5 5 8 5 Cr 45 000 Cr 5 000 Cr 1 500 1 500