35 Avalon gives his customers individual trade discounts from the list price and a general 5% cash discount for all invoices settled within seven days of issue. A new customer, Nolava, negotiates a 25% trade discount. His transactions during June are: 12 June Buys goods with a $5,000 list price 15 June Returns goods with a $1,000 list price as faulty 16 June Pays half of the net balance on his account How much does Nolava owe Avalon at the end of June? A B D $1,425 $1,500 $2,000 $2,850