Metlock Corporation shipped $20,600 of merchandise on consignment to Gooch Company. Metlock paid freight costs of $1,800. Gooch Company paid $550 for local advertising, which is reimbursable from Metlock. By year-end, 63% of the merchandise had been sold for $21,500. Gooch notified Metlock, retained a 10% commission, and remitted the cash due to Metlock. Prepare Metlocks journal entry when the cash is received. (Round answers to 0 decimal places, e.g. 1,525. Credit account titles 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 0 for the amounts.)

Account Titles and Explanation	Debit	Credit
(To record the cash remitted to Metlock.)
(To record the cost of inventory sold on consignment.)