Question: #2 this is all one question so I expect all parts are answered. please just fix the wrong answer in part B and complete parts


#2 this is all one question so I expect all parts are answered. please just fix the wrong answer in part B and complete parts c, d and e
Planner Corporation owns 70 percent of Schedule Company's voting shares. During 203, Planner produced 29,000 computer desks at a cost of $92 each and sold 14,000 of them to Schedule for $104 each. Schedule sold 9,000 of the desks to unaffillated companles for $144 each prior to December 31,203, and sold the remainder in early 204 for $154 each. Both companles use perpetual Inventory systems. Required: a. What amounts of cost of goods sold did Planner and schedule record in 203 ? Answer is complete but not entirely correct. b. What amount of cost of goods sold must be reported in the consolidated Income statement for 203 ? Note: Do not round Intermediate calculations. Answer is complete and correct. c. Prepore the worksheet consolidation entry or entries needed in preporing consolidated finanicial statements at December 31,203, reloting to the intercorporate sale of inventory. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round Intermedlate calculations. d. Prepore the worksheet consolicstion entry or entries needec in preparing consolidated tinancial statements of December 31 , 20X4. reloting to the intercorporate sole of inventory. Note: If no entry is required for a transactionfevent. select Do journal entry required in the first account field. Do not round Intermediate calculations. e. Prepore the worksheet consolidotion entry orentries necded in preprang consolidoted finoncial statements at December 31, 20X4. reloting to the intercomporate sale of inventey if the gales weredpatresm. Ass ime thot Schedale procuced the eomputer desks at o cost of $92 each and aold 14,000 desks to plarner for $104 evch in 203. with Plennerselling 9,000 desks to unatfiliated componies in 203 and the remaining 5,000 in 204 Note: If no entry Is required for a transactlonlevent, select No joumak entry required" in the first decount field. Do not round Intermediate calculations
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