A Parent Entity Group Sold a Depreciable Non-Current Asset to a Subsidiary

Multiple Choice

A parent entity group sold a depreciable non-current asset to a subsidiary entity for $2800.The asset originally cost $3000 and at the date of sale accumulated depreciation was $500.The amount of the unrealised gain on sale to be eliminated is:

A) $2800
B) $500
C) $300
D) $200.