Novak sells softball equipment. On November 14, they shipped $5000 worth of Softball uniforms to Paola Middle School, terms 5/10, n/30. On November 21, they received an order from Douglas High School for $2100 worth of custom printed bats to be produced in December. On November 30, Paola Middle School returned $480 of defective merchandise. Novak 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? $4520 $7480 $7000 $5000