Perkins company owns 85% of Sheraton company. Perkins company sells merchandise to Sheraton company at 20% above cost. June 2014 and 2015, such sales amounted to 457,200 and 468,000 respectively at the end of each year Sheraton company hard and it's inventory 1/3 of the amount of goods purchased from Perkins during the year. Prepare the workpapers entries necessary to eliminate the effects of the intercompany sales for 2014 and 2015