Star Inc. factors $300,000 of its accounts receivables on a with recourse finance charge of 4%. The finance company retains an amount equal to 1 accounts receivable for possible adjustments. The estimated fair value of recourse liability was $8.000. How much is the loss on sale of receivable O $38,000. $12.000 $20,000 $50.000, Star Inc. factors $300,000 of its accounts receivables on a with recourse finance charge of 4%. The finance company retains an amount equal to 1 accounts receivable for possible adjustments. The estimated fair value of recourse liability was $8.000. How much is the loss on sale of receivable O $38,000. $12.000 $20,000 $50.000