MacKenzie Company sold $360 of merchandise to a customer who used a Regional Bank credit card. Regional Bank deducts a 1.0% service charge for sales on its credit cards and credits MacKenzie's account immediately when sales are made. The journal entry to record this sale transaction would be:

• Debit Cash of $360 and credit Sales $360.

• Debit Cash of $360 and credit Accounts Receivable $360.

• Debit Accounts Receivable $360 and credit Sales $360.

• Debit Cash $356.40; debit Credit Card Expense $3.60 and credit Sales $360.

• Debit Cash $356.40 and credit Sales $356.40.