I have three questions and I need formulas. Thank you. They are Advanced accounting questions.

1. On 1. James Corporation owns 80 percent of Carl Corporation's common stock. During October, Carl sold merchandise to James for 250,000. At December 31, 40 percent for James of his merchandise remains in James's inventory. Gross profit percentages were 20 percent for James and 30 percent for Carl. The amount of unrealized intra- entity profit in ending inventory at December 31 that should be eliminated in the consolidation process is. I need the formula. B. C. D. E. 24,000 30,000 20,000 75,000 2. Thomson Corporation owns 70 percent of the outstanding stock of Stayer, Incorporated. On January 1, 2013, Thomson acquired a building with a 10year life for $460,000. Thomson depreciated the building on the straight-line basis assuming no salvage value. On January 1, 2015, Thomson sold this building to Stayer for $430,400. At that time, the building had a remaining life of eight years but still no expected salvage value. In preparing financial statements for 2015, how does this transfer affect the computation of consolidated net income? Income must be reduced by $62,400 Income must be reduced by $59,440 Income must be reduced by $54,600 Income must be reduced by $70,200. I need the formula. 3. Dunn Corporation owns 100 percent of Grey Corporation's common stock. On January 2, 2010, Dunn sold to Grey for $40,000 machinery with a carrying amount of $30,000. Grey is depreciating the acquired machinery over a five-year life by the straight-line method. The net adjustments to compute 2010 and 2011 consolidated net income would be an increase (decrease) of 2010. 2011 2010 2011 a. $(8,000) . $2,000 b. $(8,000) ... -0- c. $(10,000) ... $2,000 d. $(10,000) .. -0- I need the fomular