Jay Inc Owns 80% of Tesla Inc On January 1, 2020, Tesla Sold Equipment to Jay at Cost

Jay Inc. owns 80% of Tesla Inc. and uses the cost method to account for its investment. The 2020 income statements of both companies are shown below. $$\begin{array} { | l | r | r | } \hline & \text { Jay } & \text { Tes1a } \\\hline \text { Gross Profit } & \$ 100,000 & \$ 50,000 \\\hline \text { Miscellareous } & \$ 30,000 & \$ 20,000 \\\text { Reverues/Losses } & & \\\hline \text { Depreciation Expense } & \$ 20,000 & \$ 15,000 \\\hline \text { Income Tax Expense } & \$ 20,000 & \$ 6,000 \\\hline \text { Net Income } & \$ 30,000 & \$ 9,000 \\\hline\end{array}$$ On January 1, 2020, Tesla sold equipment to Jay at a profit of $3,000. The equipment had a remaining useful life of twenty years on that date. Both companies are subject to an effective tax rate of 40%.
The amount of Miscellaneous Revenues/Losses appearing on Jay's 2020 Consolidated Income Statement would be:

A) $47,000.
B) $47,600.
C) $50,000.
D) $53,000.