Marigold Corp. assigned $1591000 of accounts receivable to Ivanhoe Company as security for a loan of $1349000. Ivanhoe charged a 1% commission on the amount of the loan; the interest rate on the note was 9%. During the first month, Marigold collected $428000 on assigned accounts after deducting $1520 of discounts. Marigoldaccepted returns worth $5300 and wrote off assigned accounts totaling $11860. The amount of cash Marigold received from Ivanhoe at the time of the assignment was