Answer:
Consolidated income: 954,800 dollars
Explanation:
Gallow income x race participation: 
     $   204,000    x   80%   = $ 163,200
The gross profit in the infra-entity transaction will be eliminated
$ 450,000 - $ 330,000 = $ 120,000 gross profit
15% remains at Gallow so: $ 120,000 x 15% = $ 18,000 gross profit for the unsold inventory.
We now multiply by Race participation: $ 18,000 x 80% = $ 14,400 unrealized gain.
Consolidated income:
Race income:   806,000
Gallo income    163, 200
unrealized gain (14, 400)
Total:                954,800