Strickland Company sells inventory to its parent, Carter Company, at a profit during 2012. One-third of the inventory is sold by Carter in 2012. In the consolidation worksheet for 2012, which of the following choices would be a credit entry to eliminate the intra-entity transfer of inventory?

A. Retained earnings.

B. Cost of goods sold.

C. Inventory.

D. Investment in Strickland Company.

E. Sales.