XYZ Co. owned all of the voting common stock of ABC Co. On January 2, 2012, XYZ sold equipment to ABC for $125,000. The equipment had cost XYZ $140,000. At the time of the sale, the balance in accumulated depreciation was $20,000. The equipment had a remaining useful life of 11 years and a $10,000 salvage value. Straight-line depreciation is used by both XYZ and ABC. At what amount should the equipment (net of depreciation) be included in the consolidated balance sheet dated December 31, 2013? a $105,000. O b. None of the given answers $100.000 O d. $110.000. $95.000