Player Company acquired 70 percent ownership of Scout Company's voting shares on January 1, 20X2 During 20x5, Player purchased inventory for $24,000 and sold the full amount to Scout Company for $34,000 On December 31, 2005, Scout's ending Inventory included $6,800 of items purchased from Player. Also in 20x5 Scout purchased inventory for $56,000 and sold the units to Player for $86,000 Player included $21,500 of its purchase from Scout in ending inventory on December 31, 2005, Summary income statement data for the two companies revealed the following Scout Company $ 240,000 Sales Income from Scout Cost of Goods Sold Other Expenses Total Expenses Net Income Player Company $ 371,850 53,650 $425.500 $ 247,000 68,000 $(315,000) $ 110,500 $ 240,000 $ 120,000 33.000 $(253,000 $ 87,000 Required: a Compute the amount to be reported sales in the 20x5 consolidated income statement Consolidated sales Help Save & Exit Check my b. Compute the amount to be reported as cost of goods sold in the 20x5 consolidated income statement (Do not found intermediate calculations.) Consolidated COGS What amount of income will be assigned to the noncontrolling shareholders in the 20x5 consolidated income statement (Do not round intermediate calculations.) Income to NCI d. What amount of income will be assigned to the controlling interest in the 20x5 consolidated income statement? (Do not round c. What amount of income will be assigned to the noncontrolling shareholders in the 20x5 consolidated income statement? (Do not round intermediate calculations.) Income to NCI d. What amount of income will be assigned to the controlling interest in the 20x5 consolidated income statement? (Do not round intermediate calculations.) Income to controlling interest