Gargiulo Company, a 80% owned subsidiary of Posito Corporation, transfers inventory to Posito at a 30% gross profit rate. The following data are available pertaining specifically to Positos intra-entity purchases from Gargiulo. Gargiulo was acquired on January 1, 2017.

	2017	2018	2019
Purchases by Posito	$8,000	$12,000	$15,000
Ending inventory on Positos books	2,400	3,000	6,000

Assume the equity method is used. The following data are available pertaining to Gargiulos income and dividends.

	2017	2018	2019
Gargiulos net income	$80,000	$95,000	$98,000
Dividends paid by Gargiulo	10,000	10,000	15,000

Answer the following:

a: For consolidation purposes, what amount would be debited to cost of goods sold for the 2019 consolidation worksheet with regard to the unrecognized intra-entity gross profit remaining in ending inventory with respect to the 2019 intra-entity transfer of merchandise?

b: For consolidation purposes, what amount would be debited to January 1 retained earnings for the 2017 consolidation worksheet entry with regard to the unrecognized intra-entity gross profit remaining in ending inventory with respect to the 2017 intra-entity transfer of merchandise?

c: For consolidation purposes, what amount would be debited to January 1 retained earnings for the 2018 consolidation worksheet entry with regard to the unrecognized intra-entity gross profit remaining in ending inventory with respect to the 2017 intra-entity transfer of merchandise?

d: For consolidation purposes, what amount would be debited to January 1 retained earnings for the 2019 consolidation worksheet entry with regard to the unrecognized intra-entity gross profit remaining in ending inventory with respect to the 2018 intra-entity transfer of merchandise?