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Trell Corporation transferred 563,000 of accounts receivable to a local bank. The transfer was made without recourse. The local bank remits 70% of the factored

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Trell Corporation transferred 563,000 of accounts receivable to a local bank. The transfer was made without recourse. The local bank remits 70% of the factored amount to Trell and retains the remaining 30% When the bank collects the receivables, it will remit to Troll the retained amountless a fee equal to 2% of the total amount factored. Troll estimates o fair value of its 10% interest in the receivables of $4,500 (not including the 2 foo). Tre will show an amount receivable from factor of Multiple Choice $13.240 $18.900 517640 $14.500

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