Par owns 91.37% of Sub Corp. Par sold depreciable assets to Sub on January 1, Year...

 

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Par owns 91.37% of Sub Corp. Par sold depreciable assets to Sub on January 1, Year 3, at a before-tax gain of $48,917. On January 1, Year 4, Sub sold depreciable assets to Par at a before-tax gain of $97,835. Both assets are being depreciated over ten (10) years. The tax rate for both companies is 31.95%. What is the total amount of after-tax unrealized profit remaining at the end of Year 47 Oa $88,713 Ob. $86.549 Oc $90,877 Od 193,041 Oe $84,386 Par owns 91.37% of Sub Corp. Par sold depreciable assets to Sub on January 1, Year 3, at a before-tax gain of $48,917. On January 1, Year 4, Sub sold depreciable assets to Par at a before-tax gain of $97,835. Both assets are being depreciated over ten (10) years. The tax rate for both companies is 31.95%. What is the total amount of after-tax unrealized profit remaining at the end of Year 47 Oa $88,713 Ob. $86.549 Oc $90,877 Od 193,041 Oe $84,386

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