Parent Co. acquired 100% of Sub, Inc. on January 1, 2017. During 2017, Parent sold goods to Sub for $520,000 that cost Parent $390,000. Sub still owned 40% of the goods at the end of the year. In their pre-consolidation books, cost of goods sold was $2,010,000 for Parent and $750,000 for Sub.A. Prepare all consolidation entries related to inventory and cost of goods sold for 2017. (enter account dr/cr) Assuming that the remainder of inventory was sold to third parties during 2018. B. Prepare the 2018 consolidation entry to recognize the previously deferred profit. (Enter account name, dr/cr).