二、ColumbiaCo. factors $300,000 of accounts receivable with Tiger Factors，Inc.，on a with recourse basis. On April 1, 2010，the receivable records are transferred to Tiger Factors，which will receive the collections. Tiger Factors assesses a financial charge of 4% and retains an amount equal to 10% of the accounts receivable. Columbia handles returned goods，claims for defective goods (allowances). Additional information is as follows:
(a)On April 1，$4,500 of the accounts receivable is estimated not to be paid by debtors (fair value of the recourse provision).