Barnes Company uses the gross method and a perpetual inventory system. Assuming the following entries, compute the amount that Barnes Company received on July 11.

July

1

Sold goods costing $6,000 to Sanders Company on account, $10,000, terms 1/10, n/30. The goods are shipped FOB Shipping Point, Freight Prepaid by Seller, $500.

July

7

Sanders Company returned undamaged merchandise previously purchased on account, $1,300.

July

11

Received the amount due from Sanders Company.

Amount due from Sanders Company on July 11:

$