On May 3, 2020, Lorenzo Company consigned 80 freezers, costing $450 each, to Lourdez Company. The cost of shipping the freezers amounted to $870 and was paid by Lorenzo Company. On December 30, 2020, a report was received from the consignee, indicating that 40 freezers had been sold for $730 each. Remittance was made by the consignee for the amount due after deducting a commission of 6%, advertising of $200, and total installation costs of $310 on the freezers sold. (a) Compute the inventory value of the units unsold in the hands of the consignee.

Inventory value

$

(b) Compute the profit for the consignor for the units sold.

Profit on consignment sales

$

(c) Compute the amount of cash that will be remitted by the consignee.

Remittance from consignee

$