During 20x3 park corp recorded sales of inventory for 500,000 to small its wholly owned sub, on the same terms as sales made to third parties. At Dec 31, 20x3 small held 1/5th of those the goods in inventory. the following info pertains to teh sales for 20x3:

Sales: park 2,000,000 ; small 1,400,000

cogs: park 800,000 ; small 700,000

gross profit: park 1,200,000 ; small 700,000

What amount should be reported as cost of sales for park on the consolidated ws?

Thank you!!!!