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Moving to another question will save this response Question 4 Powns 90% of S. During 2020, S sold goods that cost $150,000 to P for $240,000. One-third of those goods romained in Ps inventory at December 31, 2020 Income statements for P and S are summarized below: P S Sales $600,000 Cost of Sales Oporating Expenses Net Income $1,500,000 (900,000) (200,000) $400.000 (350,000) (100,000) $ 150.000 Controlling interest in consolidated not income for 2020 is: A $520,000 B. $535,000 OC S508,000 0.$454 000 Moving to another question will save this response Question 5 Powns 90% of S. During 2020, S sold goods that cost $150,000 to P for $240,000. One-third of these goods remained in Ps inventory of December 31, 2020 Income statements for P and 8 are summarized below P S Sales Cost of Sales Operating Expenses Net Income $1,500,000 (900,000) (200,000) $400,000 $600,000 (350,000) (100,000) $150.000 Noncontrolling interest in consolidated not income for 2020 is: O A $10,000 OB $12,000 O $15,000 D. $9.000