Par owns 87.53% of Sub Corp. Par sold depreciable assets to Sub on January 1, Year 3, at a before-tax gain of $36,853. On January 1, Year 4, Sub sold depreciable assets to Par at a before-tax gain of $73,707. Both assets are being depreciated over ten (10) years. The tax rate for both companies is 28.11%. What is the total amount of after-tax unrealized profit remaining at the end of Year 4?

a.

$63,718

b.

$65,440

c.

$61,996

d.

$67,162

e.

$68,884