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Ruby Ltd acquired 100% of the shares of Tyson Ltd. During the financial year ended 30 June 2023, Ruby sold inventory to Tyson for $48399.

Ruby Ltd acquired 100% of the shares of Tyson Ltd. During the financial year ended 30 June 2023, Ruby sold inventory to Tyson for $48399. The inventory had cost Ruby Ltd $36323. By 30 June, 79% of the inventory had been sold outside the group. Assume a tax rate of 30%. The after-tax profit to be eliminated on consolidation on the sale of inventory would be?

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