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Explodia.com selis fireworks over the internet. Customers access Explodia's website and select particular products, and Explodia refers the customer order to a fireworks manufacturer who

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Explodia.com selis fireworks over the internet. Customers access Explodia's website and select particular products, and Explodia refers the customer order to a fireworks manufacturer who fulfils the order, ships to the customer and pays Explodia a 20% commission. A customer ordered $5,000 fireworks from Phantom Fireworks through Explodia.com and the fireworks cost $2,000 to manufacture. Explodia's income statement would include the following with respect to this transaction: Multiple Choice Revenue of $5.000 and cost of sales of $3,000. Revenue of $5.000, and cont of sales of $2.000 Revenue of $1000 Revenue of 55.000

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