Perkins Company owns 85% of Sheraton Company. Perkins Company sells merchandise to Sheraton Company at 20% above cost. During 2014 and 2015, such sales amounted to $439,560 and $468,000, respectively. At the end of each year, Sheraton Company had in its inventory one-third of the amount of goods purchased from Perkins during that year. Prepare the workpaper entries necessary to eliminate the effects of the intercompany sales for 2014 and 2015. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 2014 Sales 439,560 439,560 Purchases (To eliminate intercompany sales) X Inventory - Ending (Incom Inventory (Balance Sheet) (To eliminate intercompany profit in ending inventory) X 2015 Sales x............ Purchases (To eliminate intercompany sales) X x x x (To recognize intercompany profit included in beginning inventory and reduce beginning consolidated retained earnings for unrealized intercompany profit at the beginning of the year) (To eliminate intercompany profit in ending inventory)