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Planner Corporation owns 70 percent of Schedule Company's voting shares. During 203, Planner produced 29,000 computer desks at a cost of $92 each and sold 14,000 of them to Schedule for $104 each. Schedule sold 9,000 of the desks to unaffillated companles for $144 each prior to December 31,203, and sold the remainder in early 204 for $154 each. Both companles use perpetual Inventory systems. Required: a. What amounts of cost of goods sold did Planner and schedule record in 203 ? b. What amount of cost of goods sold must be reported in the consolidated Income statement for 203 ? Note: Do not round Intermedlate calculations. c. Prepore the worksheet consolidotion entry or entries needed in preparing consolidated financial statements ot December 31,203. relating to the intercorporate sole of inventory. Note: If no entry is required for a transactionievent, select "No joumal entry required" in the first account field. Do not round Intermediate calculations. Consolidation Worksheet Entries Record the consolidation entry for the intercorporate sale of inventory. Note: Enter dehita befare creitits. d. Prepore the worksheet consolidation entry or entries needed in preporing consolidated financial statements at December 31,204, reloting to the intercorporote sole of inventory. Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Do not round Intermediate calculations. Consolidation Worksheet Entries Record the consolidation entry for the intercorparate sale of inventory. Note: Enter deb ts thofore creasits. Prepare the worksheet consolidation entry or entries needed in preparing consolidated financial statements at December 31,204, relating to the intercorporate sale of inventory if the sales were upstream. Assume that Schedule produced the computer desks at a cost of $92 each and sold 14,000 desks to Planner for $104 each in 203, with Planner selling 9,000 desks to unaffiliated companies in 203 and the remaining 5,000 in 204 Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Consolidation Worksheet Entries Record the consolidation entry for the intercorporate sale of inventory. Noter Enter debits before credits