Plant Company holds 70% of Seed Company stock. Plant has sold inventory to Seed Company as follows: Year 2017 2018 2019 2020 Sales Cost to Price to Plant Seed $203,000 $355,000 $208,000 $312,000 $240,000 $300,000 $300,000 $500,000 Percent of Sold Inventory Held at Year end 30% 40% 35% 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 Plant Seed $ 6,500,000 3,700,000 $ 3,470,000 2,200,000 $ 590,000 350,000 a. What will be reported as consolidated sales in the year 2020? 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