Plenny Corporation Sold Equipment to Its 90%-Owned Subsidiary,Sourdough Corp

Plenny Corporation sold equipment to its 90%-owned subsidiary,Sourdough Corp.,on January 1,2014.Plenny sold the equipment for $100,000 when its book value was $75,000 and it had a 5-year remaining useful life with no expected salvage value.Straight-line depreciation is used by both companies.Separate balance sheets for Plenny and Sourdough included the following equipment and accumulated depreciation amounts on December 31,2014: Consolidated amounts for equipment and accumulated depreciation at December 31,2014 were respectively

A) $1,125,000 and $255,000.
B) $1,125,000 and $260,000.
C) $1,150,000 and $255,000.
D) $1,150,000 and $260,000.