$31$ pointOn $1/1/22,$ S sold equipment with a cost of $$220,000,$ accumulated depreciation of $$70,000$ and aremaining useful life of $5$ years, to its parent company P$,$ for $$180,000.$ In the $2022$ eliminationentry depreciation expense $($SL method$)$ iscredited for $$6\mathrm{.}000.$debited for $$12,000.$debited for $$6,000.$credited for $$12,000.$