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Selecteer eens and today that... 2. red for the past an $32.00 weet AL very records PE SOLO 164600 4600 09 239 300 56.00 1100100

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Selecteer eens and today that... 2. red for the past an $32.00 weet AL very records PE SOLO 164600 4600 09 239 300 56.00 1100100 Addisfermati A 36.000 112.000 DI 19.00 554.000 Question 27 Selected information from the separate and consolidated balance sheets and income statements of Penny, Inc. and its subsidiary. Shark co, as of December 31, Year and for the year then ended is as follows: Penny Shark Consolidated $ 52.000 60,000 $38.000 50,000 $78.000 104.000 Balance sheet accounts Accounts receivable inventory income statement accounts Revenues Cost of goods sold Gross profit 400.000 300.000 $100.000 280.000 220,000 $60,000 616,000 462.000 $154,000 Additional information: Sales between Penny and Shark occur using the same terms as they do for third party sales. What was the amount of unrealized intercompany profit in Year 27 A) $6,000 B) $12.000 C) 558,000 D) $64.000

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