Exercise 9.9 Analyzing accounts receivable and fair value option (LO9-5) The following information relates to Zulu Company's accounts receivable for 20xi: A factor has recently offered to purchase all of Zulu's outstanding receivables without recourse for 94% of their face amount. Required: At what net amount should Zulu report its receivables assuming the company chooses to measure financial assets at fair value? Answer is complete but not entirely correct