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Downstream and upstream intercompany sales of inventory may have similar outcomes. Select one: O a. Cannot be determined b. True c. False Pal owns

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Downstream and upstream intercompany sales of inventory may have similar outcomes. Select one: O a. Cannot be determined b. True c. False Pal owns 65% of Salam. Salam's net income for 2020 is 600,000. Unrealized profit in the beginning inventory (realized during 2020) from upstream sale is 50,000. Unrealized profit in the ending inventory from downstream sale is 20,000. What is the noncontrolling share of Salam's income for 2020? Select one: a. Cannot be determined b. 220,500 c. 227,500 d. 210,000

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