24. On October 20, year 2, Grimm Co. consigned forty freezers to Holden Co. for sale at P1,000 each and paid P800 in transportation costs. On December 30, year 2, Holden reported the sale of ten freezers and remitted P8,500. The remittance was net of the agreed 15% commission. What amount should Grimm recognize as consignment sales revenue for year 2? a. P 7,700 b. P 8,500 c. P 9.800 d. P10.000