Coll Company (The Parent Company)manufactured a Product at a Cost

Question 129
Multiple Choice

Coll Company (the parent company)manufactured a product at a cost of $150 and sold it to Obman Company,a subsidiary of Coll,for $200.Obman Company sold the product to its customer for $284.As a result of these transactions,how much gross profit will appear on a consolidated income statement? A) $134 B) $84 C) $234 D) $0