QUESTION 25 Pop's Inc. owned all of the voting common stock of Sonny's Co. On January 2, 2020, Pop's sold equipment to Sonny for $90,000. The equipment had cost Pop 5150,000. At the time of the sale, the balance in accumulated depreciation was $30,000. The equipment had a remaining useful life of six years and a 50 salvage value. Straight-line depreciation is used by both Pop's and Sonny's At what amount should the equipment (net of depreciation) be included in the consolidated balance sheet dated December 31, 2020? 580,000 $85.000 $100,000 $105,000 None of the above