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During 2019, a parent 'sold' inventory priced at $6500 to its subsidiary. The parent's cost of these goods was $3000. During the year, the subsidiary

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During 2019, a parent 'sold' inventory priced at $6500 to its subsidiary. The parent's cost of these goods was $3000. During the year, the subsidiary sold 70% of that inventory to outside customers for $8000. What amount should be reported in the 2019 consolidated balance sheet for ENDING INVENTORY? BE SURE TO TYPE A SIMPLE NUMBER WITH NO COMMAS OR DOLLAR SIGNS. FOR EXAMPLE, TYPE 1000 INSTEAD OF $1,000. Your Answer: re qu

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