Suppose National Bottlers sells inventory to Fizzy upstream for $800,000 at a 20% markup on cost. Fizzy holds $210,000 of this inventory at year-end. Fizzy sells finished products to National Bottlers downstream for $500,000 at a 25% markup on cost. National Bottlers holds $100,000 of this inventory at year-end.

Given the information in Example 5, record the journal entries on Fizzys book to include the above intercompany sale information.