Stiller Company, an 80% owned subsidiary of Leo Company, purchased land from Leo on March 1, 2020, for $75,000. The land originally cost Leo $60,000. Stiller reported net income of $125,000 and $140,000 for 2020 and 2021, respectively. Leo uses the equity method to account for its investment. On a consolidation worksheet, having used the equity method, what adjustment would be made for 2021 regarding the land transfer? Multiple Choice Debit retained earnings for $15,000. Credit retained earnings for $15,000. Debit retained earnings for $50,000. Credit retained earnings for $50,000. Debit investment in Stiller for $15,000