Scenario 15 South Park has started making and selling jeans. They ship $40,000 of jeans on consignment to Tin Cup. South Park pays $2,000 in shipping costs to get the jeans to Tin Cup. Tin Cup pays $3,000 in advertising costs which South Park will reimburse Tin Cup. A month later, Tin Cup has sold 3/4 of the inventory for $75,000. Tin Cup notifies South park of the sales, retains a 15% commission and send South Park the difference. Required: What are the journal entries, for both South Park and Tin Cup for the above transactions