On January $2,2023,$ a parent sells a building with original cost of $$100,000$ and accumulated depreciation of $$25,000$ to its wholly$-$owned subsidiary for $$60,000.$ The estimated remaining life of the building is $5$ years, and straight$-$line depreciation is appropriate. On the December $31,2025,$ the subsidiary still owns the building. The net effect of the working paper eliminations $($I$)$ for $2025$ for this intercompany building sale is to

Select one:

a$.$

reduce $2025$ depreciation expense by $$3,000.$

b$.$

add $$15,000$ to the original cost of the building.

c$.$

increase investment in subsidiary by $$6,000.$

d$.$

increase accumulated depreciation by $$34,000.$