P Co paid $$140,000$ for $70\%$ interest in S CO$.$on $1/1/2022$ when S had Capital Stock of $$50,000$ and Retained Earnings of $$100,000.$ Fair values of net assets were the same as recorded book values. During $2022,$ S had an income of $$20,000,$ and declared dividends of $$7,500,$ On $31/12/2022,$ the P CO financial statements will show income from the subsidiary for $2022$ Amount. Select one:a$.12,500$b$.5,250$c$.20,000$d$.14,000$