Reasons for loss : Empresario had less volume and sold only 3 out of 16 paintings and resulted in a sales total of just $7,000 .
16 paintings was not even a quarter of their inventory .
Reasons for loss : Empresario had less volume and sold only 3 out of 16 paintings , which was not even a quarter of their inventory , and resulted in a sales total of just $7,000 .