5. A retail business, Marathon Running Equipment summarized its monthly transactions below. Record the journal entries for these transactions. Sep. 1 Recorded National Express credit card sales of $96,000, net of processor fee of 1%. Ignore Cost of Goods Sold. 15 Recorded ValueMax credit card sales of $80,000. Processor charges a 1.5% fee. ValueMax charges the fee at the end of the month; therefore, Marathon uses the gross method for these credit card sales. Ignore cost of Goods Sold. 30 ValueMax collected the fees for the month of September. Assume the September 15 transaction is the only ValueMax credit card sale