Problem 5-6 (LO 5-2, 5-3, 5-5) Top Company holds 90 percent of Bottom Company's common stock In the current year, Top reports sales of period, Bottom has sales of $303,000 and cost of goods sold of $212,100. During the current year, Bottom sold $816,000 and cost of goods sold of $612,000 For this same merchandise to Top for $120,000 The parent sill possesses percent of this inventory at the current year end Bottom had established the transfer price based on its normal gross profit rate What are the consolidated sales and cost of goods sold? Multiple Choice 5958 200 snd $83490 $968,700 and $834900 5999.000 end $740,300