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On 1 January 2 0 2 4 , Celery Ltd sold inventories costing $ 2 0 0 0 0 to its subsidiary Peaches Ltd for

On 1 January 2024, Celery Ltd sold inventories costing $20000 to its subsidiary Peaches Ltd for $30000.30% of the inventories were sold to external parties for $ 35000 by 30 June 2024. The tax rate is 30%. What is the unrealized profit in ending inventories?
Question 11Select one:
$10,000
$7,000
$15,000
$10,500

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