Problem 5 (Factoring of Accounts Receivable) Lorie Anne Company finances some of its current operations by factoring its accounts receivable to a finance company. On July 1, 2020. Lorie Anne factored P 2,000,000 of its accounts receivable to Buco Finance Company, Buco withheld 5% of the purchase price as protection against sales returns and allowances. Question No. 5: What was the net cash received by Lorie Anne from these factored accounts