Patient Company holds 60% of Speedy Company stock. Patient has sold inventory to Speedy Company as follows: Year 2017 2018 2019 2020 Sales Cost to Price to Patient Speedy $203,000 $355,000 $208,000 $312,000 $120,000 $150,000 $150,000 $250,000 Percent of Sold Inventory Held at Year end 30% 40% 25% 40% The following balances were included in the individual financial statements of each company for the year ended 12/31/2020 Sales Cost of goods sold Merch, inventory Patient Speedy $ 5,500,000 3,800,000 $ 3,570,000 2,300,000 $ 580,000 380,000 a. What will be reported as consolidated sales in the year 2020? b. What will be reported as consolidated inventory at 12/31/2020? c. What will be reported as consolidated cost of goods sold for 2020? d. Were the intra-entity sales of inventory items upstream or downstream