Riley Co. owned all of the voting common stock of Parker. On January 2, 2013 Riley sold equipment to Parker for $125,000. The equipment had cost Riley $140,000. At the time of the sale, the balance in accumulated depreciation was $40,000. The equipment had a remaining useful life of five years and no salvage value. For the consolidated balance sheets at December 31, 2013 and December 31, 2014, at would amount would the equipment (net) be included?


A) 2013: $ 80,000 and 2014: $60,000

B) 2013: $100,000 and 2014: $75,000

C) 2013: $125,000 and 2014: $60,000

D) 2013: $-0- and 2014: $100,000