In the current year, an $80-$percent$-$owned subsidiary sells land with a book value of $$2,000$ to its parent for $$2,500.$ The parent still holds the land at year$-$end. How are the parent's current year equity in net income and consolidated income to the noncontrolling interest affected by this int$)$ rrompany transaction?

Noncontrolling interest

Equity in net income

in net income

a$.$ no effect

$$500$ decrease

b$.$ $$500$ decrease

no effect

c$.$ $$400$ decrease

$$100$ decrease

d$.$ no effect

no effect