Continue with last question, what is the net effect on net income as a result of consolidating adjustments made in 2017 with respect to the equipment transfer?
A.
Increase net income by $2,000.
B.
Decrease net income by $12,000.
C.
Decrease net income by $10,000.
D.
Decrease net income by $14,000.
E.
Increase net income by $10,000.