Sunland Company factors $ 5700000 of its accounts receivables with recourse for a finance charge of 4%. The finance company retains an amount equal to 11% of the accounts receivable for possible adjustments. Sunland estimates the fair value of the recourse liability at $ 225000. What would be recorded as a gain (loss) on the transfer of receivables? Loss of $ 453000. Gain of $ 228000. Gain of $ 1080000. Loss of $ 225000.