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The following extracts are from the statements of profit or loss by Snow Co's and its subsidiary Ice Co for the year ended 31 December

The following extracts are from the statements of profit or loss by Snow Co's and its subsidiary Ice Co for the year ended 31 December 2018.

Snow Co Ice Co
Revenue 600,000 300,000
Cost of sales (400,000) (200,000)
Gross profit 200,000 100,000

During the year Snow Co sold goods to Ice Co for 20,000, making a profit of 5,000.

Fill in the blanks in the sentences below referring to the consolidated statement of profit or loss of Snow Co group for the year ended 31 December 2018 by writing the appropriate amounts in the answer boxes:

1. If all of these goods were sold by Ice Co before the year end, the total revenue would be

2. If all of these goods were sold by Ice Co before the year end, the gross profit would be

3. If all of these goods were still in the inventory held by Ice Co as at 31 December 2018, the cost of sales would be and the gross profit would be

4. If half of these goods were sold by Ice Co before the year end, the unrealised profit would be

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