Bonita Corporation factored, with recourse, $275000 of accounts receivable with Culver Financing. The finance charge is 3%, and 5% was retained to cover sales discounts, sales returns, and sales allowances. Bonita estimates the recourse obligation at $6600. What amount should Bonita report as a loss on the sale of receivables?

$28600.

$0.

$14850.

$8250.