Question 17 2.5 pts Due to cash flow issues, Angler Fish Company factors $540,000 of its accounts receivable to Gause Finance Company with recourse. Angler does not normally transfer its receivables. Gause retained 10% of the factored receivables and charged a 5% commission on the gross amount of the receivables. Angler estimated a recourse liability of $10,000. What amount should Angler record as a loss from Factoring? $10,000 $27.000 $54.000 $81.000 $37.000 Previous Next