Parker Corporation owns 90 percent of Straw Company's voting shares. During 2013, Parker produced 25 computer desks at a cost of $100 each and sold 20 desks on credit to Straw for $120 each. Straw sold 15 of the desks to unaffiliated companies for $200 each prior to December 31, 2013, and sold the remainder in early 2014 for Parker for 20 percent of the 20x3 purchases. $180 each. Both companies use perpetual inventory systems. At December 31, 2013 Straw still owed (12 Points) he consolidated income statement for 2013? What amount of cost of goods sold must be reported in t Prepare all the consolidation elimination entries for 2013 a. b