several years ago revnon co acquired a 60 interest in aumets inc at book value during 2012 and 2013 intragroup sales of merchandise amounted to 120000

/in /by

The tax rate for both companies is 40%.
Required
Calculate Revnon share of consolidated net income for 2012 and 2013 assuming:
(a) The intragroup sales were upstream.
(b) The intragroup sales were downstream.