1) The following intercompany transactions occurred during the year: (5 Marks) a) Parent loaned S to Subsidiary. To keep things simple, assume that there is no interest revenue or interest expense associated with this loan. b) Parent made a sale to Subsidiary for $ cash. The inventory had originally cost Parent \$ . Subsidiary then sold that same inventory to an outsider for \$ c) Parent made a sale to Subsidiary for $ cash. The inventory had originally cost Parent $ Subsidiary has not yet sold that same inventory to an outsider. What consolidation worksheet entries would you make? Note: Assume you own figures wherever required