Cayman Inc. bought 30% of Maya Company on January 1, 2021 for $450,000. The equity method of accounting was used. The book value and fair value of the net assets of Maya on that date were $1,500,000. Maya began supplying inventory to Cayman as follows:

Year	Cost to Maya		Transfer Price		Amount Held by Cayman at Year-End
2021	$	30,000	$	45,000	$	9,000
2022	$	48,000	$	80,000	$	20,000

Maya reported net income of $100,000 in 2021 and $120,000 in 2022 while paying $40,000 in dividends each year.

What is the investors share of gross profit on intra-entity inventory sales that should be deferred on December 31, 2021?

Multiple Choice

• $900.

• $3,000.

• $4,500.

• $6,000.

• $9,000.