Bender Corp. owns 70% of Palmer Co. Bender uses the equity method to account for its investments. During 2022, Bender Corp. sells inventory to Palmer for $700,000. The inventory originally cost Bender $620,000. At December 31, 2022, 20% of the goods were still in Palmer's inventory.

Need to make the Consolidation Entry TI and Consolidation Entry G for the consolidation worksheet.