Riley Co. owned all of the voting common stock of Parker. On January 2, 2013 Riley sold equipment to Parker for $125,000. The equipment had cost Riley $140,000. At the time of the sale, the balance in accumulated depreciation was $40,000. The equipment had a remaining useful life of five years and no salvage value. For the consolidated balance sheet at December 31, 2013, at would amount would the equipment (net) be included?

Select one:

a. $ 80,000

b. $100,000

c. $125,000

d. $-0-