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Hernon Canopy sells inventory costing $400,000 to its whole-owned subsidiary Rup Company for $800,000. Apex sells 25% of it to a third-party for $300,000, so

Hernon Canopy sells inventory costing $400,000 to its whole-owned subsidiary Rup Company for $800,000. Apex sells 25% of it to a third-party for $300,000, so consolidated cost of goods sold should reflect: Group of answer choices $600,000 $200,000 $400,000 $100,000

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