Answer:
A. Yes 
B. $170,000
Explanation:
A. Yes For consolidation purposes, the direction of the transfers for either upstream or downstream does affect the balances to be reported here reason been that when calculating the noncontrolling interest balances in a situation where it is present we have to taken into consideration the deferral of unrealized gross profits on upstream sales where Downstream on the other hand are assigned to the parent in which they will be viewed as if they have no any impact on the outside interest.
B. Preparation of a consolidated income statement for the year ending December 31, 2018
AKRON, INC. AND CONSOLIDATED SUBSIDIARY
 Income Statement Year Ending December 31, 2018 
Sales $1,380,000 
[1,100,000+(600,000-320,000)
Less Cost of goods sold ($575,000)
(500,000+50,000+15,000)
 
Gross profit $805,000 
($1,380,000-$1,380,000)
Operating expenses 635,000
(400,000+220,000+15,000)
 
Consolidated net income $170,000 
($805,000-635,000)
Therefore Consolidated net income will be $170,000 
 
        
             
        
        
        
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<span>Rebecca is enacting the managerial role of mediator. By having both parties in the conflict meet to discuss the issue, Rebecca is hoping to resolve the conflict by having them talk things out in her presence while she unemotionally guides the discussion and make sure it stays on task.</span>