4. Assume instead that BMI sold inventory to JDE at a markup equal to 25% of cost. Transfers were $112.000 in 2011. Of this inventory, $49,000 was on hand at the end of 2011. Required: Forte consolidated financial statements, determine the balances that would appear for the following accounts: (1) Sales, (2) Cost of Goods Sold. (3) Minority Interest Expense, and (4) Inventory. JDI CONSOLIDATION ELIMINATION BMI Sales 297,958,000 103,750,000 Less: Cost of Goods Sold (162.600.000) (57.480,000) - Minority Interest Expense 15,250,000 10,400,000 Inventory an Ianuary 1, 2011 for $112.000, when 4. Assume instead that BMI sold inventory to JDE at a markup equal to 25% of cost. Transfers were $112.000 in 2011. Of this inventory, $49,000 was on hand at the end of 2011. Required: Forte consolidated financial statements, determine the balances that would appear for the following accounts: (1) Sales, (2) Cost of Goods Sold. (3) Minority Interest Expense, and (4) Inventory. JDI CONSOLIDATION ELIMINATION BMI Sales 297,958,000 103,750,000 Less: Cost of Goods Sold (162.600.000) (57.480,000) - Minority Interest Expense 15,250,000 10,400,000 Inventory an Ianuary 1, 2011 for $112.000, when