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Trell Corporation transferred $68,000 of accounts receivable to a local bank. The transfer was made without recourse. The local bank remits 80% of the factored

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Trell Corporation transferred $68,000 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 amountless a fee equal to 3% of the total amount factored. Trell estimates a fair value of its 20% interest in the receivables of $17,000 (not including the 3% fee). Trell will show an amount receivable from factor of Multiple Choice O $13,600 $11,560 oooo $17,000 $14,960 Minarski Electronics sells computers and provides hardware maintenance services. On April 1. Minarski sold a package deal containing a computer and a one-year unlimited maintenance/repair service for the computer at a bundle price of $1,000. If sold separately, the computer costs $786 and the one-year unlimited maintenance/repair service costs $414. How much revenue does Minarski Electronics recognize for the month ended April 30th, assuming that revenue is accrued monthly? Multiple Choice 0 $820.50 O $1,000 0 0 0

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