CMC Inc. sells hand-crafted art sculptures. On March 16, 2020, CMC sent six sculptures to Handdesigned Art Gallery on consignment. The sculptures cost $800 each, and CMC spent $400 for specialized delivery to Handdesigned. On May 14, Handdesigned informed CMC that it had sold four of the sculptures for the following amounts: $2,000, $2,150, $1,850, $1,975. CMC has given Handdesigned permission to negotiate prices within a 10% range of the recommended $2,000 price per sculpture. Handdesigned receives a 15% commission on each sale. On June 1, 2020, Handdesigned paid CMC for the sale, less its commission and $250 for advertising costs that Handdesigned had incurred on behalf of CMC.

Required:

Prepare all the journal entries for CMC related to this event, from March until June. Round your answers to the nearest dollar.