Question 2 (20 points) Pit Corporation owns 90% of Stop Company's outstanding common stock. On 08/28/21, Pit sold inventory to Stop in exchange for $650,000 cash. Pit had purchased the inventory on 05/02/21 at a cost of $520,000. On 12/21/21, Stop sold 70% of the inventory to 3rd parties at a cash price of $568,750. The other 30% of the inventory remains on hand at 12/31/21. THE CONSOLIDATION ENTRY AT YEAR-END WOULD INCLUDE: A debit to Sales in the amount of: A credit to Cost of Goods Sold in the amount of: A credit to Inventory in the amount of: THE YEAR-END CONSOLIDATED FINANCIAL STATEMENTS WOULD INCLUDE: Consolidated Sales in the amount of: Consolidated Cost of Goods Sold in the amount of: Consolidated Inventory in the amount of: