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Please show all work. 19) Gentry Inc. acquired 100% of...

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Accounting

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19) Gentry Inc. acquired 100% of Gaspard Farms on January 5, 2012 During 2012. Gentry sold Gaspard Farms for $625,000 goods which had cost $425,000. Gaspard Farms still owned 12% of the goods at the end of the year. In 2013, Gentry sold goods with a cost of $800,000 to Gaspard Farms for $1,000,000, and Gaspard Farms still owned 10 cost of goods sold was $5,400,000 for Gentry and S1,200,000 for Gaspard Farms. What was consolidated cost of goods sold for 2013? % of the goods at year-end. For 2013, A) $6,600,000 B) $6,604,000 C) $5,620,000 D) $5,596,000 E) $5,625,000

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