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6. Co. X owns 90% of the voting stock of Co. Y. On December 15, 2019, the holding Co. sold goods that cost $120,000 to

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6. Co. X owns 90% of the voting stock of Co. Y. On December 15, 2019, the holding Co. sold goods that cost $120,000 to the subsidiary at a price of $200.000. During 2019, the subsidiary sold 60% of the goods and sold the rest during the year 2020. The subsidiary achieved $80,000 of net income in 2019 and 540,000 in 2020. What is the What is the amount of ending inventory related to the above operation that will appear on the consolidated balance sheet for the year 2019? (4 Points) $120.000 $72.000 $48.000 580,000

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