Geary Co. assigned $2,000,000 of accounts receivable to Kwik Finance Co. as security for a loan of $1,640,000. Kwik charged a 3% commission (finance charge) on the amount of the loan; the interest rate on the note was 10%. During the first month, Geary collected $440,000 on assigned accounts after deducting $1,520 of discounts. Geary accepted returns worth $5,400 and wrote off assigned accounts totaling $11,920. The amount of cash Geary received from Kwik at the time of the assignment was O 1,590,800 O 1,940,000 O 1,800,000 O 1,640,000