B- The home office of Farah Company, bills its only branch at a markup of 25% above home office cost for all merchandise shipped to Habiba branch. During 2019 the home office shipped merchandise to the branch at a billed price of $ 30,000.Habiba branch inventories for 2019 were as follows: From home office(at billed price) Purchased from outsiders Jan. 1 15000 6800 Dec.31 19500 8670 Required: 1. Prepare a working paper to analyze the flow of merchandise to Habiba Branch. Assuming a uniform markup on all shipments to the branch, and compute realized gross profit. 2. Prepare journal entries (including adjusting entries) for the home office of Farah Company for 2019