Caine Company accepted credit-card payments of $40,000 for services rendered during the year. The credit-card company charges a 3% fee for handling the transactions. Which of the following choices accurately reflects how the collection of the receivable due from the credit-card company would affect the company's financial statements?

a. Assets = Liab. + Equity Rev. Exp. = Net Inc. Cash Flow Cash + A/R + - n/a - n/a + - + OA

b. Assets = Liab. + Equity Rev. Exp. = Net Inc. Cash Flow Cash + A/R + - n/a n/a n/a n/a n/a n/a

c. Assets = Liab. + Equity Rev. Exp. = Net Inc. Cash Flow Cash + A/R + - n/a n/a n/a + - + OA

d. Assets = Liab. + Equity Rev. Exp. = Net Inc. Cash Flow Cash + A/R + - n/a n/a n/a n/a n/a + OA