Crane Company factors $6,400,000 of its accounts receivables with recourse for a finance charge of 2%. The finance company retains an amount equal to 9% of the accounts receivable for possible adjustments. Crane estimates the fair value of the recourse liability at $211,000. What would be recorded as a gain (loss) on the transfer of receivables? Gain of $915,000 Loss of $128.000 Loss of $339,000 Gain of $211.000 Loss of $211,000 Gain of $339,000 Loss of $915,000 Gain of $128,000 Question 34 4 pts The required balance in Wheeler's Allowance for Doubtful Accounts is $36,750, based on an aging of its accounts receivable. The Allowance for Doubtful Accounts currently has a debit balance of $4,200. Wheeler's bad debt expense for the period is Enter CREDITS as a NEGATIVE number. Round to the dollar