pls help eith b,c, and f1

c. If the intra-entity sales were downstrean, how would consolidated net income be allocated to the controlling and noncontrolling interest? d. What is the consolidated baiance in the ending toventory accoun? e. Assume that no intro-entity inventory sales occurred between Placid Lake and Scenic. Insteod, in 2020, Scenic sold land costing $40,000 to Placid Lake for $70,000 On the 2021 consolideted bolance sheet. What value should be reported for land? 1.1. Assume that no intro-entiny inventory or land saies occurred between Plocid Lake and Scenic: insteod, on Januacy 1, 2020, Scenic sold equipment (that originaliy cost $200,000 but had a $70,000 book value on that date) to Piacid Lake for $100,000. At the time of sale, the equipment had a remaining useful life of five years. What worksheet entries are made for a December 31, 2021. cansoldavon of these two companes to eliminote the impoct of the intra-entity transfer? 1.2. Assume that no intra-entity inventory or land sales occurred between Placid Lake ond Scenic instead, on January 1.2020.5cenic sold equipment (that onginally cost $200,000 but had a $70,000 book value on that date) to Placid Lake for $100,000. At the time of sole, the equepment had a remaining usetul life of five years. For 2021, what is the noncontroling interest's share of Scenic's net income? Plecld Lake Corporation acquired 70 percent of the outstanding woting stock of Scenic, inc, on January 1,2020, when Scenic hod o net book value of $500000. Any encess for vatue was assigned to intongible ossets and amonized at a rate of $8000 per year. Placid Lake's 2021 net income before considecosion of its teiationship with Scenic (and befoce od/ustments for intro-entity sales) was $400000. Scenic reported net income or $210000. Placid Lake deciared $200000 in dividends during this period. Scenic paid $50,000. At the end of 2021 , seiected figures from the fwo componies' bolance sheets were as follows During 2020, intra-entisy seles of 5125.000 (onginal cost of 562.000/ were made. Onvy 10 percent of this inventory was swil beld within the consolusted entity at the end of 2020 in 2021,5190,000 in intro entity soles were made with an original cost of $60,000 or this merchandise, 20 percent had not been resold to outudie parties by the end of the yent. Each of the following questions should be considered as an independent swiation for the year 2021 a. What is consalidated net incene for Placid Lake and its subeidiary? b. If the intra entity sales were upstream, how would consolideted net income be allocased to the controiling and noncontrolling interest? c. If the intro entily sales were downstreans, how would consolidated net income be aliocated to the controlling and nancontroling Assume that no intra-entity inventory or land sales occurred between Placid Lake and Scenic. Instead, on January 1, 2020 , Scenic sold equipment (that originally cost $200,000 but had a $70,000 book value on that date) to Placid Lake for $100,000. At the time of sale, the equipment had a remaining useful life of five years. What worksheet entries are made for a Decernber 31,2021 , consolidation of these two companies to eliminate the impact of the intra-entity transfer? (If no entry is required for a transactionvevent, select "No joumal entry required" In the first account fleld.) Complete this question by entering your answers in the tabs below. b. If the intra-entity sales were upstream, how would consolidated net income be allocated to the controling and noncontrolling interest? c. If the intra-entity sales were downstream, how would consolidated net income be allocated to the controlling and noncontrolling interest