Powns 60% of S. On January 1, 2012, S sold equipment to P for $675,000. S originally bought the equipment on January 1, 2009 for $600,000 and it is expected to have a useful life of 15 years. S's tax rate is 30%, P's tax rate is 25%. What is the $ impact of the elimination entries necessary to eliminate this intercompany transaction on December 31, 2012 net income? $178,750 $195,000 $125,125 none of the above