Milton Co. owned 90% of the voting common stock of Walker Co. On January 3, 2021, Milton sold equipment to Walker for $140,000. The equipment cost Milton $165,000. At the time of the transfer, the balance in accumulated depreciation was $45,000 The equiment had a remaining useful life of eight years and a zero 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, 2021?

Choices:

$102,500

$122,500

$99,375

$105,000

Wieviel Wasser. Med Walk for $140.000 The cost Mil 165.000 At the time of the transfer the balance as muld dop 5430 The bat eye wat ile Bottes where we of deprecation bebe colectie de ces de Dec. 20219 WA . WS WM