Which of the following intragroup transactions cause the carrying amount of an asset in the accounting records of the parent or subsidiary to exceed its original cost to the group? I. Sale of inventories at a profit II. Sale of a non-current asset at a gain III. Borrowings IV. Services provided for payroll and administration

a. I., II. and III. only

b. I. only

c. I., II., III. and IV.

d. I. and II. only