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Current Attempt in Progress Flint Corporation shipped $18,400 of merchandise on consignment to Gooch Company. Flint paid freight costs of $2,000. Gooch Company paid $540

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Current Attempt in Progress Flint Corporation shipped $18,400 of merchandise on consignment to Gooch Company. Flint paid freight costs of $2,000. Gooch Company paid $540 for local advertising, which is reimbursable from Flint. By year-end, 63% of the merchandise had been sold for $21,200. Gooch notified Flint, retained a 9% commission, and remitted the cash due to Flint. Prepare Flint's journal entry when the cash is received. (Round answers to 0 decimal places, es. 1,525. Credit account tittes are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter ofor the amounts.)

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