P Company Purchased 90% of the Outstanding Common Stock of S

P Company purchased 90% of the outstanding common stock of S Company on January 1,2013 .S Company's stockholders' equity at various dates was: The workpaper entry to establish reciprocity under the cost method in the preparation of a consolidated statements workpaper on December 31,2017 should include a credit to P Company's retained earnings of:

A) $80,000.
B) $234,000.
C) $260,000.
D) $306,000.