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A parent transfers inventory with a cost of $ 2 5 , 0 0 0 to its subsidiary at a transfer price of $ 4

A parent transfers inventory with a cost of $25,000 to its subsidiary at a transfer price of $40,000. The subsidiary resold the entire purchase to outsiders before year-end. For the current year consolidated financial statement, how much gross profit should be deferred by Consolidation Entry G?
Multiple choice question.
$25,000
$40,000
$15,000
zero

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