3 Check my work Planner Corporation owns 60 percent of Schedule Company's voting shares. During 20x3, Planner produced 35,000 computer desks at a cost of $92 each and sold 20,000 of them to Schedule for $104 each. Schedule sold 12,000 of the desks to united companies for $140 each prior to December 31, 20X3, and sold the remainder in early 20x4 for $150 each. Both companies use perpetual Inventory systems Required: a What amounts of cost of goods sold did Planner and Schedule record in 20x3? 16.66 Points 2015032 Cost of Goods Sold Book Planner Corporation Schedule Company Print Motorencos b. What amount of cost of goods sold must be reported in the consolidated Income statement for 20x3? (Do not round intermediate calculations.) Cost of goods sold 3 Check my work c. Prepare the worksheet consolidation entry or entries needed in preparing consolidated financial statements at December 31, 20x3, relating to the intercorporate sale of inventory (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) 16 66 view transaction list no 0:59:04 Consolidation Worksheet Entries A Tin References Record the consolidation entry for the intercorporate sale of inventory Note: Enter debits before credits Accounts Debit Entry 1 Credit 3 Check my work d. Prepare the worksheet consolidation entry or entries needed in preparing consolidated financial statements at December 31, 2004, relating to the intercorporate sale of inventory (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) 16.66 pot view transaction lit 015033 Consolidation Worksheet Entries look Pynt References Record the consolidation entry for the intercorporate sale of inventory. Note: Enter debits before credits Accounts Debit Credit Entry 1 3 Check my work e Prepare the worksheet consolidation entry or entries needed in preparing consolidated nancial statements at December 31, 20X4 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 20,000 desks to Planner for $104 each in 20X3, with Planner selling 12,000 desks to unahliated companies in 20x3 and the remaining 8.000 in 20X4 (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not round intermediate calculations.) 16.66 point 00:57:16 View transaction list Consolidation Worksheet Entries Paint Hotec