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22. On September 1, 2016, Shutterfly Inc. factored (sold) receivables with a carrying amount of $260,000 to Pippin Company. Pippin Company retains 10% of the

22. On September 1, 2016, Shutterfly Inc. factored (sold) receivables with a carrying amount of $260,000 to Pippin Company. Pippin Company retains 10% of the receivables and assesses a finance charge ...

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