On December 31,2023 , Povider Corporation acquired 100% of the common shares of Talc Corporation There were no fair value differences or goodwill resulting from this transaction. The following information is extracts from the December 31,2026 for Pow der and Talc: c5 j 3 - On December 31,2024, Powder sold a piece of equipment to Talc, recording a profit of $250,000. At that time, the estimated useful life of the equipment of 10 years - In 2025, Talc sold $250,000 in inventory to Powder. At the end of 2025 , Pougder still held 22% of the inventory. In 2026. Tale sold $300,000 in inventory to Powder. Powder still held 30% of the inventory at the end of 2026 . Tale eams 30% gross profit on all of its inventory sales. - Pourder uses the cost method to account for its investment in Talc. Both compandes pay tax at a rate of 20% What is the inventory amount that would be recorded on the December 31,2026 , consolidated statement of financial position? $618,400 $667,000 $613,000 $661,600