X Your answer is incorrect. Swifty Corporation factors $6500000 of its accounts receivables with recourse for a finance charge of 5%. The finance company retains an amount equal to 10% of the accounts receivable for possible adjustments. Swifty estimates the fair value of the recourse liability at $224000. What would be recorded as a gain (loss) on the transfer of receivables? Loss of $549000. Loss of $224000. Gain of $325000. Gain of $1199000