Homeplate sells softball equipment. On November 14, they shipped $4,000 worth of softball uniforms to Bonita Middle School, terms 3/10, n/30. On November 21, they received an order from Vista High School for $2,500 worth of custom printed bats to be produced in December. On November 30, Bonita Middle School returned $200 of defective merchandise. Homeplate has received no payments from either school as of month end. What amount will be recognized as net accounts receivable on the balance sheet as of November 30? Select one: a. $3,800 b. $4,000 c. The answer does not exist d. $5,300 e. $5,500