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EPZA Co. consigned 5 electronic appliances costing $4,000 each to PEZA Co., which was to sell them for a 15% commission on the selling price.

EPZA Co. consigned 5 electronic appliances costing $4,000 each to PEZA Co., which was to sell them for a 15% commission on the selling price. Any accounts receivable arising from the sale of the consigned goods were to be the property of EPZA Co. EPZA Co. paid freight cost of $1,000 and reimbursed PEZA $850 for local delivery to customers. By December 31, PEZA had sold three appliances, two of which were for cash at $7,500 each and one on credit at $9,000 of which it had collected 25% as a down payment. The net profit to date of EPZA resulting from the consignment amounts to?

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