During the years 2014 and 2015, sales were made between the two companies, at a value of 320,000 dinars per transaction, at a cost of 240,000 dinars per transaction (i.e. every year, a sale value of 320000 dinars was made at a cost of 240,000) At the end of 2014, a value of 70,000 dinars of the total purchase in stores was still not sold to a foreign party until 2015. At the end of 2015, a value of 50,000 dinars of the total purchase in stores was still not sold to a foreign party until 2016. 

Required: 

1. For the purposes of the merger process, does the direction of the sale process that is not installed in the process above (upstream or downstream) from the subordinate holding or the opposite, will affect that recorded in this case? And why? 

2. For the purposes of proving your answer in the first branch, prove the limitations of the worksheet that affect the income statement (i.e. related to the amortization and that the stock transfer between the two companies requires - taking into account that the direction of the sale is not specified in the question) 

3. Preparing the consolidated income statement for the year 2015.