Valtrex Corp. owned all of the voting common stock of Stuss Co. Both companies use the perpetual inventory method, and Valtrex decided to use the partial equity method to account for this investment. During 2012, Valtrex made cash sales of $400,000 to Stuss. The gross profit rate was 30% of the selling price. By the end of 2012, Stuss had sold 75% of the goods to outside parties for $420,000 cash. A) Prepare journal entries for Valtrex and Stuss to record sales/purchases during 2012. B) Prepare the consolidation entries that should be made at the end of 2012. C) Prepare any 2013 consolidation worksheet entries that would be required regarding the 2012 inventory transfer