On November 1, ABC factors $300,000 of accounts receivable with D Corporation without recourse. D will collect the receivables on a notification basis. D assesses a finance charge of 4% of the accounts factored and reserves 6% of accounts receivables factored to cover probable adjustments for sales returns and allowances. ABC does not offer any sales discounts. On November 1, after the factoring transaction has been recorded, determine the effect on ABC's assets: Assets increased by $270,000 Assets decreased by $12,000 Assets decreased by $30,000 Assets increased by $284,000