_____ on 1/3/06, Pylux Sold Equipment Costing $100,000 to Its

_____ On 1/3/06, Pylux sold equipment costing $100,000 to its 100%-owned subsidiary, Sylux, for $80,000. At the time of the sale, the equipment had been 50% depreciated (using the straight-line method and an assigned life of 10 years) . Sylux continued depreciating the equipment by using the straight-line method over a remaining life of 5 years. What is the amount of the intercompany profit or loss that must be deferred at 12/31/06?

A) $6,000
B) $14,000
C) $16,000
D) $24,000
E) $30,000