Question: Question 9 (3 points) During 2020, a parent 'sold' inventory priced at $7500 to its subsidiary. The parent's cost of these goods was $2000. During

Question 9 (3 points) During 2020, a parent 'sold' inventory priced at $7500 to its subsidiary. The parent's cost of these goods was $2000. During the year, the subsidiary sold 90% of that inventory to outside customers for $12000. What amount should be reported in the 2020 consolidated income statement for COST OF GOODS SOLD? 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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