Calculate the intra-company gross profit deferrals related to the following inventory transfers.

Intra-entity inventory transfers occur regularly between the two companies. Merchandise carried over from one year to the next is always sold in the subsequent period.

Year	Original cost to Nittle, Inc.	Transfer Price to Jet Corp.	Ending Balance at Transfer Price
2019	$98,000	$140,000	$70,000
2020	$156,000	$240,000	$80,000
2021	$230,400	$320,000	$120,000

	Gross Profit Deferral Amount
2019
2020
2021

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