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Patti Company owns 8 0 % of the common stock of Shannon, Inc. In the current year, Patti reports sales of $ 1 0 ,
Patti Company owns of the common stock of Shannon, Inc. In the current year, Patti reports sales of $ and cost of goods sold of $ For the same period, Shannon has sales of $ and cost of goods sold of $ During the year, Patti sold merchandise to Shannon for $ at a price based on the normal markup. At the end of the year, Shannon still possesses percent of this inventory. Compute consolidated sales.
a $
b $
c $
d $
e $
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