Question: Answer? Question 2 (2 points) During 2020, a parent 'sold' inventory priced at $13500 to its subsidiary. The parent's cost of these goods was $6000.

 Answer? Question 2 (2 points) During 2020, a parent 'sold' inventory

Answer?

priced at $13500 to its subsidiary. The parent's cost of these goods

Question 2 (2 points) During 2020, a parent 'sold' inventory priced at $13500 to its subsidiary. The parent's cost of these goods was $6000. During the year, the subsidiary sold 60% of that inventory to outside customers for $25000. What amount should be reported in the 2020 consolidated income statement for SALES? BE SURE TO TYPE A SIMPLE NUMBER WITH NO COMMAS OR DOLLAR SIGNS. FOR EXAMPLE, TYPE 1000 INSTEAD OF $1,000. Your

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