On February $1,2025,$ Swifty Company factored receivables with a carrying amount of $$690000$ to Ivanhoe Company. Ivanhoe

Company assesses a finance charge of $2\%$ of the receivables and retains $4\%$ of the receivables. Assuming that Swifty factors the

receivables on a without recourse basis, the loss to be recorded on this transaction is

$$41400.$

$$27600.$

$$0.$

$$13800.$