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Saved Help Save & Exit The Hamada Company transferred $65,000 of accounts receivable to a local bank. The transfer was made without recourse. The local

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Saved Help Save & Exit The Hamada Company transferred $65,000 of accounts receivable to a local bank. The transfer was made without recourse. The local bank remits 80% of the factored amount to Hamada and retains the remaining 20%. When the bank collects the receivables, it will remit to Hamada the retained amount less a fee equal to 3% of the total amount factored. Hamada estimates a fair value of its 20% interest in the receivables of $15,500 (not including the 3% fee). Hamadawill show an amount receivable from factor of: Multiple Choice $13,000 $15.500 $11,050. $13,550

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