Frank Ritter, Inc. enters into an arrangement with Hisker Enterprises whereby Hisker will assume $100,000 of Ritter's receivables for a 6% fee. These receivables have a related allowance for credit losses of $3,500. Assuming the transaction was a collateralized loan, which one of the following entries will Ritter make to record this transaction? Multiple Choice DR Cash $94,000 DR Prepaid interest 6,000 CR Accounts receivable $100,000 DR Cash $94,000 DR Interest expense 6,000 CR Loan Payable-Hisker Enterprises $100,000 DR Cash $94,000 DR Prepaid interest 6,000 CR Loan Payable-Hisker Enterprises $100,000 DR Cash $94,000 CR Loan PayableHisker $94,000