Trell Corporation transferred $62,000 of accounts receivable to a local bank. The transfer was made without 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 $14,000 (not including the 3% fee). Trell will show and amount receivable from factor of: Multiple Choice $12,400 $10.540. $14,000. $12.140 Trell Corporation transferred $62,000 of accounts receivable to a local bank. The tra factored amount to Trell and retains the remaining 20%. When the bank collects the to 3% of the total amount factored. Trell estimates a fair value of its 20% interest in th amount receivable from factor of: Multiple Choice O $12,400. O $10,540. O $14,000. O $12,140