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On August 5, 2021, Cullumber Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $360 each.

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On August 5, 2021, Cullumber Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $360 each. The cost of shipping the dining sets amounted to $3700 and was paid for by Cullumber Furniture. On December 30, 2021, the consignee reported the sale of 20 dining sets at $860 each. The consignee remitted payment for the amount due after deducting a 7% commission, advertising expense of $610, and installation and setup costs of $790. The amount cash received by Cullumber furniture is $15996 $14596, $15386. O $17200

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