Danzig Inc. factors $9,000,000 of its accounts receivables without recourse for a finance charge of 4%. The finance company retains an amount equal to 10% of the accounts receivable for possible adjustments. What would be recorded by Danzig as a gain (loss) on the transfer of receivables? A. loss of $360,000 B. gain of $360,000 O C. loss of $1,260,000 OD. loss of $900,000