Perfect Corporation Acquired 70 Percent of Trevor Company's Shares on December

Perfect Corporation acquired 70 percent of Trevor Company's shares on December 31,2008,for $140,000.At that date,the fair value of the noncontrolling interest was $60,000.On January 1,2010,Perfect acquired an additional 10 percent of Trevor's common stock for $32,500.Summarized balance sheets for Trevor on the dates indicated are as follows:
Trevor paid dividends of $10,000 in each of the three years.Perfect uses the basic equity method in accounting for its investment in Trevor and amortizes all differentials over 5 years against the related investment income.All differentials are assigned to patents in the consolidated financial statements.

-Based on the preceding information,in the eliminating entry to assign differential and amortize patents for the year:

A) Differential will be credited for $10,000.
B) Amortization Expense will be credited for $2,000.
C) Amortization Expense will be debited for $1,000.
D) Patents will be debited for $10,000.