these are the transactions during the month of december for MOnarch

inventory shipped on cosignment to AB Co. 18k
freight paid by Monarch 900
inventory received on consignment from Dalton 12k
freight paid by Dalton 500

no sales of consigned goods were made
monarchs balance sheet should include consigned inventory at

18,900
18,000
12,500
12,000

now i picked 18,000 is that one right