Morneau Company, a 100% owned subsidiary of Robertson Corporation, sells inventory to Robertson at a 30% profit on selling price. The following data are available pertaining to inter-company purchases by Robertson:

Intercompany Sales:

2016: $17,600

2017: $24,300

2018: $27,000

Unsold at year end (based on selling price):

2016: $3,200

2017: $5,700

2018: $4,800

Morneau's profit numbers were $113,000, $204,000 and $225,600 for 2016, 2017, and 2018, respectively. Robertson received dividends from Morneau of $21,000 for 2016 and 2017, and $25,000 for 2018.

What would be the net debit or credit to cost of goods sold on the 2017 consolidation worksheet?

Select one:

A. $25,050 credit

B. $750 debit

C. $23,550 credit

D. $34,300 credit