Parkette, Inc., acquired a 60 percent interest in Skybox Company several years ago. During 2017, Skybox sold inventory costing $98,000 to Parkette for $140,000. A total of 15 percent of this inventory was not sold to outsiders until 2018. During 2018, Skybox sold inventory costing $196,875 to Parkette for $262,500. A total of 32 percent of this inventory was not sold to outsiders until 2019. In 2018, Parkette reported cost of goods sold of $382,500 while Skybox reported $302,500. What is the consolidated cost of goods sold in 2018? Multiple Choice $446,125 $437,200. $407,800 $699,700