17. On Aug. 5, 20X8, ABC Furniture shipped 50 dining sets on consignment to DEF Outlet, Inc. The cost of
each dining set was €300. The cost of shipping the dining sets amounted to €1,200 and was paid for by
ABC Furniture. On Dec. 30, 20X8, the consignee reported the sale of 40 dining sets at €700 each. The
consignee remitted payment for the amount due after deducting a 6% commission, advertising expense
of €500, and installation and setup costs of €750. The total profit on units sold for the consignor is
(A) €11,870
(B) €13,070
(C) €15,450
(D) €16,650
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