Ping corporation sold equipment with a five years remaining useful life to its 80 percent-owned subsidiary, Song corporation, on January 1, 2014. The equipment’s cost was 100,000 $ and it sold for 130,000$. The net adjustment to compute 2016 consolidated income will be?

Select one:

a. Increasing 6000 $.

b. Decreasing 30,000 $

c. Decreasing 18,000 $

d. Decreasing 12,000 $