Chapter 2, Problem 2.16E

Solve this Accounting problem

On November 1, 2015, Wrens Mirth sold merchandise with a cost of $5,000 for $10,000, FOB destination, with payment terms of 3/10, n/40, Wrens paid transportation costs of $100. Of these, merchandise sold for $3,000 (with a cost of $1,500) was returned on November 6. The company received the payment for the balance amount on November 10, 2015. Calculate the Net sales revenue. a. $6,790 b. $4,790 c. $5,790 d. $7,800

I need assistance with this general accounting question using appropriate principles.