Problem 5-4 (LO 5-2,5-3) Parkette, Inc., acquired a 60 percent interest in Skybox Company several years ago. During 2017, Skybox sold inventory costing $97,500 to Parkette for $125,000. A total of 15 percent of this inventory was not sold to outsiders until 2018. During 2018, Skybox sold inventory costing $155,625 to Parkette for $187.500. A total of 28 percent of this inventory was not sold to outsiders until 2019. In 2018, Parkette reported cost of goods sold of $387,500 while Skybox reported $332,500. What is the consolidated cost of goods sold in 2018? Multiple Choice o $536,875. o $724,800. o $537,300. o 5527200