Problem C PINK company acquired 70% ownership of RED Company on January 1,2022 , at book value. The following intercompany sales 0 ............ [] The following datn aummarized the results of their financial operations for the year ended December 31, 2022: 4. Determine the consolidated sales for 2022 5. Determine the consolidated cost of goods sold for 2022 6. Determine the consolidated inventories presented on December 31, 2022 statement of financial position