Pattern Company owns an 80% interest in Swatch Company. During 2011, Swatch sells merchandise to Pattern for $150 at a profit of $30. During 2011, Pattern Company resells 70% of the merchandise for $175. Income statements for Pattern and Swatch are summarized below:

Pattern Swatch

Sales $175 $150

COGS (105) (120)

Gross Profit $70 $30

Consolidated cost of goods sold for 2011 are?

Consolidated sales for 2011 are?