24. Ahm Corp. owns 90% of Bee Corp.'s common stock and 80% of Cee Corp.'s common stock. The remaining common shares of Bee and Cee are owned by their respective employees. Bee sells exclusively to Cee, Cee buys exclusively from Bee, and Cee sells exclusively to unrelated companies. Selected year 1 information for Bee and Cee follows: Bee Corp. Cee Corp. Sales $130,000 $91,000 Cost of sales 100,000 65,000 Beginning inventory None None Ending inventory None 65,000 What amount should be reported as gross profit in Bee and Cee's combined income statement for the year ended December 31, year 1? a. $26,000 b. $41,000 c. $47,800 d. $56,000