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Factoring Blair Finance factors the accounts of the Holder Company. All eight factored accounts are shown in the following table, with the amount factored, the
Factoring Blair Finance factors the accounts of the Holder Company. All eight factored accounts are shown in the following table, with the amount factored, the date due, and the status on May 30. Indicate the amounts that Blair should have remitted to Holder as of May 30 and the dates of those remittances. Assume that the factor's commission of 1% is deducted as part of determining the amount of the remittance. As of May 30, what amount should Blair have remitted for Account A and on what date should remittance have occurred? (Round to the nearest dollar and select from the drop-down menus.) Date remitted Month Date Account Amount - X Date due Status on May 30 Amount remitted May 30 Collected May 28 Data table $400,000 (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) January D Account A B February March Amount $400,000 $194,688 $227,050 $170,786 $254,603 $372,635 $181.958 $78,263 D E F G H Date due Status on May 30 May 30 Collected May 28 May 30 Uncollected May 30 Uncollected June 17 Collected May 30 May 30 Collected May 21 June 15 Collected May 30 May 17 Uncollected June 24 Collected May 30 April May June July Print Done August September October November December
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