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Question 19 Question of 22 0.5 ports Larry Ltd owns 80% of the issued capital of Perry Ltd. During the period ended 30 June 2021,

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Question 19 Question of 22 0.5 ports Larry Ltd owns 80% of the issued capital of Perry Ltd. During the period ended 30 June 2021, the operating profit of Perry Lid is $400,000. During the year, the following information was provided: Perry Led sold inventory to Larry Lid at $20.000. The inventory originally cost Perry Led $12.000. Dy 30 June 2021, all these inventories were sold to external parties. Perry Ltd paid a management fees of $9,000 to Larty Ltd. Perry Led paid a dividend of $15,000 on 25 June 2021 What is the share of Ncis profit of Perry Ltd for the year ended 30 June 2017 O $75,000 $80,000 O $78,200 O 573,800

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