Pearl Corporation shipped $20,800 of merchandise on consignment to Gooch Company. Pearl paid freight costs of $2,200. Gooch Company paid $550 for local advertising, which is reimbursable from Pearl. By year-end, 57% of the merchandise had been sold for $22,300. Gooch notified Pearl, retained a 10% commission, and remitted the cash due to Pearl. Prepare Pearl's journal entry when the cash is received. (Round answers to O 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 O for the amounts.) Account Titles and Explanation Debit Credit (To record the cash remitted to Pearl.) (To record the cost of inventory sold on consignment.)