Deferred intercompany inventory profits Assume on May 15, 2019, a parent company purchased a 75% interest in a subsidiary's voting common stock. During the year ended December 31,2022 , the subsidiary sold merchandise to the parent for $540,000 Before consolidation, the parent and subsidiary earn the same profits on intercompany sales as they earn on sales to unaffiliated customers. The parent's gross profit percentage is 35% and the subsidiary's is 30%. On December 31,2022,40% of this merchandise was in the parent's ending inventory. What amount of intercompany profit in ending inventory must be deferred in preparation of the December 31,2022 consolidated financial statements? Select one: a. $48,600 b. $216,000 c. $75,600 d. $64,800