During Year 8 and Year 9, Sage sold merchandise to Page at a price that provides it with a gross profit of 50%. The Year 9 sale was $10,000. Page's December31, Year 9, inventory contained $2,000. The December31, Year 8, inventory of Page contained $1,000.

Also during Year 9, Page sold merchandise to Sage for $33,600. Paige prices its sales based on a 40%markup on cost. At year end, the portion remaining in Sage inventory was 50%.

Intercompany sales for the year totalled $50,000.

At the end of Year 9, Page owed Sage $500 for merchandise inventory purchased on account. This liability is non-interest bearing.

On December 31, Year 6, Page sold equipment having a cost of $5,000 and accumulated depreciation of $1,000 to Sage for $5,500. The remaining useful life of the equipment at the time of the sale was 10 years.

calculate

1. Table of realized and unrealized intercompany inventory profits
2. Table of intercompany profits in capital assets and other eliminations