Jay Inc. owns 80% of Tesla Inc. and uses the cost method to account for its investment. The 2020 income statements of both companies are shown below.

	Jay	Tesla
Gross Profit	$100,000	$50,000
Miscellaneous Revenues/Losses	$30,000	$20,000
Depreciation Expense	$20,000	$15,000
Income Tax Expense	$20,000	$ 6,000
Net Income	$30,000	$ 9,000

On January 1, 2020, Tesla sold equipment to Jay at a profit of $3,000. The equipment had a remaining useful life of twenty years on that date. Both companies are subject to an effective tax rate of 40%. The amount of Miscellaneous Revenues/Losses appearing on Jay's 2020 Consolidated Income Statement would be:

a)$47,600.

b)$53,000.

c)$50,000.

d)$47,000.