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134. Wilkinson Corporation factored, with guarantee (recourse), $400,000 of accounts receivable with Huskie Financing. The finance charge is 3%, and 5% was retained to cover

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134. Wilkinson Corporation factored, with guarantee (recourse), $400,000 of accounts receivable with Huskie Financing. The finance charge is 3%, and 5% was retained to cover sales discounts, sales returns, and sales allowances. What amount of cash would Wilkinson receive on the sale of receivables? a. $388,000 b. $380,000 c. $368,000 d. $400,000

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