On August 5, 2021, Blossom Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $450 each. The cost of shipping the dining sets amounted to $4600 and was paid for by Blossom Furniture. On December 30, 2021, the consignee reported the sale of 20 dining sets at $950 each. The consignee remitted payment for the amount due after deducting a 7% commission, advertising expense of $700, and installation and setup costs of $880. The amount cash received by Blossom furniture is

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.