James Corporation owns 80 percent of Cart Corporation's common stock. During Octobec, Card sold merchandise to James for 5262.500. At December 3t, 50 percent of this merchandise remains in James's inventory. Gross profit percentages were 20 percent for James and 30 percent lor Cart. The smount of intra-entity gross profit in imventory at December 31 that should be eliminated in the consolidation process it Mitiple Choice 139715: \$750 526.250 531500