Please help with these accounting problems, thanks.

QUESTION 19 Parkin Industries. a US. company. acquired a wholly-owned subsidiary, located in Italy, at the beginning of the current year, for 200,000. The subsidiary's functional currency is the euro. The balance sheet of the subsidiary at the date of acquisition was as follows: Assets Current assets 50,000 Plant and equipment, net , Total assets , Liabilities and Equity Liabilities 160,000 Capital stock 20,000 Retained earnings llm Total liabilities and equity , Appropriate revaluations ofthe subsidiary's assets at the date of acquisition are as follows: - Inventories are undervalued by 1,000. The subsidiary sold the inventory during the current year. - Equipment is undervalued by 'i 5,000. The equipment has a 10year remaining life, straightline. - Identiable indefinite life intangible assets, previously unreported. have a fair value of 40,000. During the current year. there was no impairment of either identifiable intangible assets or goodwill. The exchange rate at the beginning of the year was $1.20f. The average rate for the year was $1.22!, and the rate at the end of the year was $1.25f. At the end of the year, consolidation eliminating entry (0) has what effect on consolidated other comprehensive income? 0 A. $85 gain 0 B. $125 loss 0 C. No effect 0 D.$?'5 loss