Stare Company, a 90% owned subsidiary of Parker, Inc. sold and to Parker on May 1, 2020, for $80,000. The land originally cost Stark $85.000 Stark reported net income of $200,000, 5180000, and 5720,000 for 2020 2021 and 2022, respectively Parker sold the land purchased from Stark for 592.000 in 2022. Both companies use the equity method of accounting son os entry was con compte Income from Stark reported on books for 2024 Mumble Choice $185.000 5862.000 5166.500 5157500