Victor Co$.$ owned $80\%$ of the voting common stock of Wilson Co$.$ On January $3,202,$ Victor sold equipment to Wilson for $$161,000.$ The equipment cost Victor $$200,000.$ At the time of

the transfer, the balance in accumulated depreciation was $$60,000.$ Victor estimated a zero salvage value and depreciated the equipment using the straight$-$line method over $10$ years, a

policy that Wilson continued.

In Victor's December $31,20$X$2$ consolidated balance sheet, this equipment should be included in fixed$-$asset cost and accumulated depreciation as

Cost: $$200,000$; Accumulated Depreciation: $$83,000$

Cost: $$200,000$; Accumulated Depreciation: $$80,000$

Cost: $$161,000$; Accumulated Depreciation: $$23,000$

Cost: $$140,000$; Accumulated Depreciation: $$20,000$