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7) Which statement regarding interco. sale of merchandise is true? a) The amount of the 2021 interco. profit is fully eliminated in 2022. b) The

7) Which statement regarding interco. sale of merchandise is true? a) The amount of the 2021 interco. profit is fully eliminated in 2022. b) The amount of the 2021 interco. profit is not eliminated in 2022. c) The unrealized portion of 2021 interco. profit is eliminated in 2022. d) The realized portion of 2021 interco. profit is eliminated in 2022

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