Selected accounts from the year-to-date financial statements for Ivanova Company and its wholly owned subsidiary, Halifax Ltd., were as follows: Additional Information - The above statements do not include any intercompany transactions - The following two transactions occurred on consecutive days: - Ivanova sells $200 of inventory to Halifax for $250, which provides a markup of 20% of selling price. - Halifax sells these goods to an outsider for $300, which provides a markup of 20% of cost. Required: (a) Determine the account balances for the three financial statements after transaction 1 is recorded. (Input all amounts as positive values. Omit $ sign in your response.) (b) Determine the account balances for the three financial statements after transaction 2 is recorded. (Input all amounts as positive values. Omit $ sign in your response.)