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James Corporation owns 8 0 percent of Carl Corporation's common stock. During October, Carl sold merchandise to James for $ 1 3 5 , 0
James Corporation owns percent of Carl Corporation's common stock. During October, Carl sold merchandise to James for $ At December percent of this merchandise remains in James's inventory. Gross profit percentages were percent for James and percent for Carl. The amount of intraentity gross profit in inventory at December that should be eliminated in the consolidation process is A B C or D
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