) Greenworks Inc. sold inventory in 2017 to its 70% owned subsidiary Hogwarts. The transfer price was $80,000 and the cost $60,000 and 30% of the inventory remained at year end.In 2018, Greenworks sold $100,000 of inventory to Hogwarts with a cost of $70,000.$20,000 of this inventory remained at 12/31/2018. Make the consolidating entries related to the inventory transfers at 12/31/2018.