Company P Owns 100% of the Common Stock of Company $\quad$

Company P owns 100% of the common stock of Company S.Company P is constructing an asset for Company S that will be used in Company S's manufacturing operations over a 5-year period.The asset was 50% complete at the end of 2016 and was completed on December 31, 2017.Company P is recording the construction under the percentage of completion method.The asset was put into use by Company S on January 1, 2018.The profit on the asset was estimated to be $50,000.Actual results complied with the estimate.On the consolidated statements, the profit recognized will be ?
?
$\quad$ 2016 $\quad$$\quad$ 2017 $\quad$ 2018 $\quad$ 2019 - 2017

A) ? $\quad$ 0 $\quad$$\quad$ 50,000 $\quad$ 0 $\quad$$\quad$$\quad$ $\quad$ 0
B) ? $\quad$ 25,000 $\quad$ 25,000 $\quad$ 0 $\quad$$\quad$$\quad$ 0
C) $\quad$ 0 $\quad$$\quad$$\quad$ 0 $\quad$$\quad$ 10,000 $\quad$ 10,000/year?
D) $\quad$ 0 $\quad$$\quad$$\quad$ 0 $\quad$$\quad$ 50,000 $\quad$$\quad$ 0