Preliminary holds 60% of Secondary Company stock. Preliminary has sold inventory to Secondary Company as follows: The following balances were included on the individual financial statements of each company for the year ending 12/31/15: What will be reported as consolidated sales in the year 2015? What will be reported as consolidated inventory at 12/31/15? What will be reported as consolidated cost of goods sold? Were intra-entity sales of inventory items upstream or downstream