On October 1, 2025, Sunland, Inc. assigns $1,071,000 of its accounts receivable to Coronado National Bank as collateral for a $721,800 note. The bank assesses a finance charge of 4% of the receivables assigned and interest on the note of 8%. Prepare the October 1 journal entries for both Sunland and Coronado. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit occount titles are automatically indented when the amount is entered, Do not indent manually. List all debit entries before credit entries.)