MCC, Inc. enters into an arrangement with Krouse Enterprises by which Krouse will purchase $100,200 of MCC's receivables and charge a 8% fee. As part of the agreement, Krouse will hold back $9,100 as additional security. MCC sold the receivable with recourse, and the estimated recourse liability is $3,400. Requirement Prepare the journal entry to record the agreement assuming that the transaction qualifies as a sale for MCC. (Record debits first, then credits. Exclude explanations from any journal entries.) Account Cash Current Year