Mani Ltd owns all the shares in Hani Ltd. On 1 March 2021, Mani Lid sold inventories that cost $50,000 to Hani Lid for $58,000. At the end of the financial year bergo quarter of the inventories were sold by Hani Ltd to entities external to the group. in relation to this intragroup transaction, which of the following statement is correct? Consolidated sales to be eliminated by $50,000 O Consolidated sales to be added by $58,000 O Consolidated profit to be eliminated by $6,000 O Consolidated profit to be eliminated by $8,000