Cooper Ltd. acquired 70% of the common shares of Effy Ltd. at January 2 , 20 1 . At December 31 , 20 3 , Effy sold a machine to Cooper for $180 , 000 . Effy had purchased the machine a few years earlier for $250 , 000 . At the time of sale to Cooper, the machine had a carrying value of $150 , 000 and a remaining useful life of six years. Both companies do not claim depreciation for assets purchased in the second half of the year. For Cooper's December 31, 20X3, separate-entry financial statements, what net book value should be shown for the machine? $150 , 000 $250 , 000 $180 , 000 $125 , 000