on This set of problems continues to focus on the equity method. When recording journal entries, make sure you put the date. Round to the nearest dollar when necessary. Feel free to use abbreviations (as long as the abbreviations make sense!) Brooks owns 20% of Ghost Inc The following information pertains to an intra entity transfer. What is the journal entry for 12/31/20 and what is the journal entry in 2021 if the remaining inventory is sold? Make sure to date your journal entries. con Cost to Ghost is $52,000. Price to Brooks (selling price) is $72,000. Ending inventory balance on 12/31/20 for Brooks is $15,000