On January 2, 2015, P Company sold a piece of equipment to its 80% subsidiary S Company. The equipment originally cost P Company $50,000 and had accumulated Depreciation of $20,000. P sold it to S for $35,000. It has a remaining useful life of 5 years. P uses the cost method to record its investment in S. Assume that S Company sells the equipment for $20,000 to a third party after it has owned the equipment for three years. What is S Company's gain and the consolidated gain from the sale?

	A.	$6,000 S Company's Gain; $8,000 Consolidated Gain
	B.	$6,000 S Company's Gain; $9,000 Consolidated Gain
	C.	$5,000 S Company's Gain; $9,000 Consolidated Gain
	D.	$5,000 S Company's Gain; $8,000 Consolidated Gain