The controller for Bramble Corporation has reached an agreement with Sheffield Financing Ltd. to sell a large portion of Bramble's past-due accounts receivable, 8 ramble agrees to sell $1,820,000 of accounts receivable to Shefheld with recourse. Bramble's controller estimates that the fair value of Bramble's liability to pay Sheffeld for uncollectible accounts is $163,000,5. 9% of the total receivables balance as a financing fee, and will withold an initial amount of 10% (a) Calculate the net proceeds and the gain or loss on the disposal of receivables to Shetfeld Financing Ltd. Net proceeds on disposal of receivables