Trell Corporation transferred $59,000 of accounts receivable to a local bank. The transfer was made with recourse. The local bank remits 80% of the factored amount to Trell and retains the remaining 20%. When the bank collects the receivables, it will remit to Trell the retained amount less a fee equal to 3% of the total amount factored. Trell estimates a fair value of its 20% interest in the receivables of $12,500 (not including the 3% fee). Trell will show an amount receivable from factor of