On 1/1/2019, P acquired 80% of S, at that date R.E. balance for S is 60000 JD. During the year S company sold goods to P company, the ending inventory on 31/12/2019 had unrealized profits 40000 JD. On 1/1/2020, R.E. balance for P is 124000 JD and for S is 95000 JD. Compute R.E. balance for P on 31/12/2020 after recording work paper adjusting entries. Select one: a. 184000 b. 120000 c. 92000 d. 156000