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The parents year-end inventory includes 540,000 goods delivered from its subsidiary. The inventory has a cost of $432,000 to the subsidiary. The parent owns 60%

The parents year-end inventory includes 540,000 goods delivered from its subsidiary.

The inventory has a cost of $432,000 to the subsidiary.

The parent owns 60% ownership of the subsidiary.

What is the amount to be eliminated from inventory?

Select one:

a.

108,000.

b.

35,000.

c.

0.

d.

540,000.

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