Requirement 6, I-1:Intercompany Services Requirement 6, I-2:Intercompany Transfers of Merchandise Requirement 6, I-3:Intercompany Receivables/Payables Requirement 6, I-4: Confirmed upstream profit in Beginning Inventory Paradise Corporation acquired 80 percent (8,000) of the 10,000 outstanding shares of voting stock of Sun 'n Shade Company, on January 2, 2019, paying \$27.25 a share when the stock was selling at \$26 (Hint: Controlling Intenest is valued at the price actually paid. Noncontrolling Interest is valued at the cuarent stock price). At the date of acquisition, Sun 'n Shade had Capital Stock (no par value) of S10.000. Retained Earnings of \$119,300, and Accumulated Other Comprehensive Income of \$3,700. Paradise uses the complete equity method to account for its investment in Sun 'n Shade. At the date of acquisition, Sun 'n Shade's assets and liabilities were fairly reported except for the following. There was no contingent consideration. Revaluations are amortized on a straight-line basis. Identifiable intangible assets and goodwill arising from this acquisition are tested annually for impairment. IPRD was impaired during 2019-2021 for $2,500. - Sun "n Shade paid $1,500 in dividends. - In 2022, Sun 'n Shade charged Paradise $10,000 for janitorial services costing \$7.500. See Requirement 6,I1. - Paradise and Sun 'n Shade regularly sell merchandise to each other. During 2022, they made the following transfers: See Requirement 6,II through I6. Paradise's inventories were purchased from Sun 'n Shade & vice versa