$250,000 0) 100,000 Dal Based os the precedting Infurmation what amount of goodlt will bhe reported in the comolidat e sheet immediately following the acquisition A) so ) $120,000 ) s65,000 D) 820,000 25) Based on the preceding information, what amount will be reported as investment in Shamp Corporation stock in the consolidated balance sheet immediately following the acquistion ) 8210,000 C)$300,000 D) $400,000 26) When there are intercompany sales of inventory during the year and a three-part consolidation worksheet is prepared, consolidation entries related to the intercompany s I. Always are needed II. Are not needed if the entire inventory is resold to unrelated parties prior to the end of the year A) I a) II C) Both I and II D) Either I or I1 Pluto Company owns 100 percent of the capital stock of both Saturm Corporation and Sol Corporation. Saturn purchases merchandise inventory from Sol at 125 percent of Sos cost. During 20X8, Sol sold inventory to Saturn that it had purchased for $2.5,000. Saturn sold all of this merchandise to unrelated customers for $56,892 during 20X8. In preparing combined financial statements for 20X8, Pluto's bookkeeper disregarded the common ownership of Saturn and Sol. 27) Based on the information given above, what amount should be eliminated from cost of goods sold in the combined income statement for 20X8 A) $31,250 B) $25,000 C) $56,892 D) $6,250 28) Based on the information given above, by what amount was unadjusted revenue overstate the combined income statement for 20X8? A) $25,000 B) $56,892 C) $3 1,250