Stroud Corporation is an 80%-owned subsidiary of Pennie, Inc., acquired by Pennie several years ago. On January 1, 2017, Pennie sold land with a book value of $60,000 to Stroud for $90,000. Stroud resold the land to an unrelated party for $100,000 on September 26, 2018. The gain from sale of land that will appear in the consolidated income statements for 2017 and 2018, respectively, is ____.

	a.	$0 and $10,000
	b.	$0 and $40,000
	c.	$30,000 and $10,000
	d.	$30,000 and $40,000