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Question 19 (3 points) Star Inc, factors $200,000 of its accounts receivables on a with recourse basis for a finance charge of 4%. The finance

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Question 19 (3 points) Star Inc, factors $200,000 of its accounts receivables on a with recourse basis for a finance charge of 4%. The finance company retains an amount equal to 10% of the accounts receivable for possible adjustments. The estimated fair value of the recourse liability was $5,000. How much is the loss on sale of receivable? $33,000. $8,000. $13,000 $25,000

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