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4 Planner Corporation owns 60 percent of Schedule Company's voting shares. During 20X3, Planner produced 29,000 computer desks at a cost of $94 each and sold 14,000 of them to Schedule for $106 each. Schedule sold 9,000 of the desks to unaffiliated companies for $148 each prior to December 31, 20X3, and sold the remainder in early 20X4 for $158 each. Both companies use perpetual inventory systems Required: What amounts of cost of goods sold did Planner and Schedule record in 20x3? 010140 Cost of Goods Sold Planner Corporation Schedule Company b. What amount of cost of goods sold must be reported in the consolidated Income statement for 20x3? (Do not round intermediate calculations.) Cost of goods sold 4 c. Prepare the worksheet consolidation entry or entries needed in preparing consolidated financial statements at December 31, 20x3. relating to the intercorporate sale of inventory (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not round intermediate calculations.) view transaction lit 01.01.17 Consolidation Worksheet Entries