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During 2019, a parent 'sold' inventory priced at $8000 to its subsidiary. The parent's cost of these goods was $5000, During the year, the subsidiary

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During 2019, a parent 'sold' inventory priced at $8000 to its subsidiary. The parent's cost of these goods was $5000, During the year, the subsidiary sold 80% of that inventory to outside customers for $11000 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

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