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On November 8, Maple Company enters into a contract to deliver $6,000 of merchandise on account to Spirit Company with the shipping terms of FOB

On November 8, Maple Company enters into a contract to deliver $6,000 of merchandise on account to Spirit Company with the shipping terms of FOB destination. Maples cost of this merchandise is $2,000. Maple delivers the merchandise on December 3 but it is not received by Spirit until December 5. Maples fiscal year end is November 30. On which date would Maple recognize the revenue?

November 8

November 30

December 3

December 5

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