Portion Company holds 75% of Some Company stock. Portion has sold inventory to Some Company as follows: Year 2017 2018 2019 2020 Sales Cost to Price to Portion Some $203,000 $355,000 $208,000 $312,000 $360,000 $450,000 $450,000 $750,000 Percent of Sold Inventory Held at Year end 20% 45% 30% 20% 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 Portion Some $ 7,500,000 3,700,000 $ 3,470,000 2,300,000 $ 590,000 360,000 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