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Sunny Company acquired 8 0 percent ownership of Albert Company's voting shares on January 1 , 2 0 2 with no differential. During 2 0

Sunny Company acquired 80 percent ownership of Albert Company's voting shares on January 1,202 with no differential.
During 205, Sunny purchased inventory for $64,000 and sold the full amount to Albert Company for $80,000. On December 31,205, Albert's ending inventory included $25,000 of items
purchased from Sunny. In addition, in 20x5, Albert purchased inventory for $80,000 and sold the units to Sunny for $120,000. Sunny included $30,000 of its purchase from Albert in ending
inventory on December 31,205.
For 205, Suni, ported $260,000 income from its operations. Albert reported $200,000 of net income. Assume Sunny uses the fully adjusted equity method.
The following selected account balances are from the individual financial records of these two companies as of December 31,20X5:
Answer the following questions:
(Do not add dollar sign; do not add comma to your amount; round the answer to the whole number)
What amount of unrealized inventory profit exists in Albert's inventory at the end of year 20X5?
What amount of unrealized inventory profit exists in Sunny's inventory at the end of year 20X5?
What is the amount of Income from Albert reported on Sunny's book for year 20X5:
What amount of income will be assigned to the noncontrolling interest in the 205 consolidated income statement?
What amount of sales will be reported in the 205 consolidated income statement?
What amount of cost of goods sold will be reported in the 205 consolidated income statement?
What inventory balance will be reported by the consolidated entity on December 31,20X5?
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