Question 15 (1 point) Hawthorne Corporation factored $2,425,000 of its accounts receivable with recourse. The financing company, Mellark Co., assesses a finance charge of 4.75% on the amount of accounts receivable being factored. Mellark also retains 3.25% of the accounts receivable for possible adjustments. Hawthorne determines the fair value of the recourse liability to be $360,000. What would be the debit to Loss on the Sale of Receivables for this transaction? a) $0.00 b) 475,187.50 c) $115,187.50 d) $78,812.50