The financial statements of Post Company and Stamp Company on December 31 , Year 5 , were as follov Post owns 70 percent of Stamp and carries its investment in Stamp on its books by the cost method. During Year 4, Post sold Stamp $100,000 worth of merchandise, of which $60,000 was resold by Stamp in the year. During Year 5 , Post had sales of $200,000 to Stamp, of which 40 percent was resold by Stamp. Intercompany sales are priced to provide Post with a gross profit of 30 percent of the sales price. On December 31, Year 4, Post had in its inventories $150,000 of merchandise purchased from Stamp during Year 4. On December 31, Year 5, Post had in its ending inventories $100,000 of merchandise that had resulted from purchases of $350,000 from Stamp during Year 5 . Intercompany sales are priced to provide Stamp with a gross profit of 60 percent of the sale price. Both companies are taxed at 25 percent. To calculate Post's consolidated income tax expense, first add together the unadjusted totals from Post's and Stamp's separate-entity financial statements. What is the adjustment to this figure related to the unrealized profit in beginning inventory for the year ended December 31 , Year 5 ? Multiple Choice $22,500 $24,000 $25,500 $28,000