Basil acquired 60% of Parsley on 1 March 2019. In September 2019 Basil sold N$46,000 worth...

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Basil acquired 60% of Parsley on 1 March 2019. In September 2019 Basil sold N$46,000 worth of goods to Parsley. Basil applies a 30% mark-up to all its sales. 25% of these goods were still held in inventory by Parsley at the end of the year. An extract from the draft statements of profit or loss of Basil and Parsley at 31 December 2019 is: Basil N$ Revenue 955,000 421,500 Cost of sales (407,300) (214,600) Gross profit 547,700 206,900 All revenue and costs arise evenly throughout the year. What amount will be shown as gross profit in the consolidated statement of profit or loss of Basil for the year ended 31 December 2019? Parsley N$ Basil acquired 60% of Parsley on 1 March 2019. In September 2019 Basil sold N$46,000 worth of goods to Parsley. Basil applies a 30% mark-up to all its sales. 25% of these goods were still held in inventory by Parsley at the end of the year. An extract from the draft statements of profit or loss of Basil and Parsley at 31 December 2019 is: Basil N$ Revenue 955,000 421,500 Cost of sales (407,300) (214,600) Gross profit 547,700 206,900 All revenue and costs arise evenly throughout the year. What amount will be shown as gross profit in the consolidated statement of profit or loss of Basil for the year ended 31 December 2019? Parsley N$