Question: Please show work for correct answer thanks so much! Potion Co. sells $100k in inventory to their 80%-owned subsidiary Salve Inc. for $120k. By end-of-year,

Please show work for correct answer thanks so much! Potion Co.

Please show work for correct answer thanks so much!

Potion Co. sells $100k in inventory to their 80%-owned subsidiary Salve Inc. for $120k. By end-of-year, Shas 1/4 of this inventory left on-hand, having sold 75% of the inventory to nonaffiliate Q Co. for $125k. Assuming no other inventory sales occurred, reported consolidated Sales Revenue should be O a. $125k O b. $100k c. $BOK O d. $200K

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