On July 2, Cardinal Corp. ships merchandise costing $575,000 on consignment to Dolphin Stores. Cardinal pays the freight of $15,000. Upon sale, Dolphin Stores will receive a 13% commission and a 8% allowance to offset its advertising expenses. At the end of the month, Dolphin notifies Cardinal that 55% of the merchandise has been sold for $760,000. Instructions Record the journal entries required by the two companies to account for this consignment