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On August 5, 2021, Sunland Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $410

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On August 5, 2021, Sunland Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $410 each. The cost of shipping the dining sets amounted to $1850 and was paid for by Sunland Furniture. On December 30, 2021, the consignee reported the sale of 40 dining sets at $910 each. The consignee remitted payment for the amount due after deducting a 5% commission, advertising expense of $660, and installation and setup costs of $840. The total profit on units sold for the consignor is $31230. $33080. O $16680. $15200.

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