Check my work 4 16.66 pots Ple Bakery owns 70 percent of Slice Products Company's stock On January 1, 20x9, inventory reported by Ple included 21.000 bags of four purchased from Slice at $15 per bag, By December 31, 20X9, all the beginning inventory purchased from Slice Products had been baked into products and sold to customers by Ple. There were no transactions between Ple and Slice during 20x9, Both Pie Bakery and Slice Products price their sales at cost plus 50 percent markup for profit. Ple reported income from its baking operations of $303,000, and Slice reported net income of $253,000 for 20x9. Required: a compute the amount reported as cost of goods sold in the 20x9 consolidated Income statement for the flour purchased from Slice in 20X8. (Do not round intermediate calculations.) 8 02:02:24 cook Print Cost of goods sold Reference 4 Check my work b. Prepare the consolidation entry or entries required to remove the effects of the unrealized profit in beginning inventory in preparing the consolidation worksheet as of December 31, 20x9 (Do not round intermediate calculations.) view transaction list 16.66 points 02.0148 Consolidation Worksheet Entries