Question Completion Statu & Moving to the question will save the respons Question 3 points On January 1, 2020, Panda acquiaod 90% of the outstanding stock of Sama Inc. for $800,000. The fair value of the 10% nocontrolling interest was $80,000 During 2020 and 202 Sama pplied unventory so Panda at 25% above cont. The following information is available for Sama during 2020 and 2021 Year 2020 Net Income $150.000 $200,000 Sales to Panda $100,000 $400,000 Untold laventory 30% 3596 2021 Required: Prepare Panda's 2021 consolidated entries related to the intra-entity inventory transfers Leave a line between entries For the toolbar, pres ALT+10 (PC) or ALT FN+F10(Mack V Anal BIUS Paragraph *** V X0 10pt 11 X X % + 54 (1) + - AV LV I. EEV v TH2O 12 Activate Windo Go to Settings to an Question Completion Statu & Moving to the question will save the respons Question 3 points On January 1, 2020, Panda acquiaod 90% of the outstanding stock of Sama Inc. for $800,000. The fair value of the 10% nocontrolling interest was $80,000 During 2020 and 202 Sama pplied unventory so Panda at 25% above cont. The following information is available for Sama during 2020 and 2021 Year 2020 Net Income $150.000 $200,000 Sales to Panda $100,000 $400,000 Untold laventory 30% 3596 2021 Required: Prepare Panda's 2021 consolidated entries related to the intra-entity inventory transfers Leave a line between entries For the toolbar, pres ALT+10 (PC) or ALT FN+F10(Mack V Anal BIUS Paragraph *** V X0 10pt 11 X X % + 54 (1) + - AV LV I. EEV v TH2O 12 Activate Windo Go to Settings to an