Exercise 9-9 Analyzing accounts recelvable and fair value option (LO9-5) The following information relates to Zulu Company's accounts receivable for 20xt: Accounts receivable, 1/1/2ex1 Credit sales for 20x1 Accounts written off during 2ex1 Collections from customers during zexi Allowance for credit losses at 12/31/2exi $ 750, eee 3,180,00 45,000 2,400,000 95,00 A factor has recently offered to purchase all of Zulu's outstanding receivables without recourse for 94% of their face amount. Required: At what net amount should Zulu report its receivables assuming the company chooses to measure financial assets at fair value? Fair value of ending accounts receivable S 42,810