and income statement thed with controlling interest AAP and upstream and downstream Intercompany. Inventory pronta There are the other content of the Thered to be in the wated to be underved by 700.000 and to an increased $525.000 The bod podneborsed or nya pero both on the whole Dumn the current year, the parent and day 2.100.000 the begin the corner of putramite company pronta entory At the end of the current year the prometry the currency theory and prod 30.000 de the company has the county method de tachogy the following for the current year the 145.230 veporned by the parent company is recorden met O c - b. Prepare the consolidated income statement for the current year. Do not use negative signs with your answers below. Consolidated Income Statement Sales $ 0 Cost of goods sold 0 Gross profit 0 Operating expenses 0 0 + 0 $ 0 Please answer all parts of the question. Homework Chapter 5 Navigation NAPUPELE 22 eBook Princ Preparing a consolidated income statement-Equity method with noncontrolling interest, AP and upstream and downstream intercompany inventory profits Acompany.controlingin diary several years. The of the controlling and controling interest was 51.225.000 in excest of the subsidiary's Soday on the count. This was onged to a building med to be undervalued by $700.000 and to recorded patent valued at $525.000. The building asset is beidered over 30 year period and the penis bene amortid over a year period both on the line basis with no Salvage value. During the current year, the parent and subsidiary reported 2.100.000 a company at At the beginning of current we were $140.000 eura intercompany profits in the parents inventory. At the end of the current year, there were 20.000 of Gotham intercuma ponte diari burch content or the subudury declared and paid 120.000 of dividende: The parent company uses the equity method premier bookkeeping ach company ports the consent the current year Parent Sdn 1500 Comune di 1650 and income statement thed with controlling interest AAP and upstream and downstream Intercompany. Inventory pronta There are the other content of the Thered to be in the wated to be underved by 700.000 and to an increased $525.000 The bod podneborsed or nya pero both on the whole Dumn the current year, the parent and day 2.100.000 the begin the corner of putramite company pronta entory At the end of the current year the prometry the currency theory and prod 30.000 de the company has the county method de tachogy the following for the current year the 145.230 veporned by the parent company is recorden met O c - b. Prepare the consolidated income statement for the current year. Do not use negative signs with your answers below. Consolidated Income Statement Sales $ 0 Cost of goods sold 0 Gross profit 0 Operating expenses 0 0 + 0 $ 0 Please answer all parts of the question. Homework Chapter 5 Navigation NAPUPELE 22 eBook Princ Preparing a consolidated income statement-Equity method with noncontrolling interest, AP and upstream and downstream intercompany inventory profits Acompany.controlingin diary several years. The of the controlling and controling interest was 51.225.000 in excest of the subsidiary's Soday on the count. This was onged to a building med to be undervalued by $700.000 and to recorded patent valued at $525.000. The building asset is beidered over 30 year period and the penis bene amortid over a year period both on the line basis with no Salvage value. During the current year, the parent and subsidiary reported 2.100.000 a company at At the beginning of current we were $140.000 eura intercompany profits in the parents inventory. At the end of the current year, there were 20.000 of Gotham intercuma ponte diari burch content or the subudury declared and paid 120.000 of dividende: The parent company uses the equity method premier bookkeeping ach company ports the consent the current year Parent Sdn 1500 Comune di 1650