1 Sub sold $120,000 of goods to Parent at the same gross profit as all of its sales, both this year and in the past. 2 Parent held $35,000 of goods purchased from Sub in its beginning inventory and $52,000 of such goods in its ending inventory. 3 Parent sold a building to the Sub for $1,200,000, which had a net book value of $800,000 Prepare journal entries at December 31,2020 in order to consolidate the companies. The supporting distribution of income schedules should be prepared as well