Oriole Company factors $3250000 of its accounts receivables without recourse for a finance charge of 3%. The finance company retains an amount equal to 7% of the accounts receivable for possible adjustments. Oriole estimates the fair value of the recourse liability at $330000. What would be the debit to Cash in the journal entry to record this transaction?

$2595000.

$2925000.

$3250000.

$3152500.