Please answer.

Accounting for Credit Card Sales Chassoul & Company pays a two percent credit card fee on all credit sales, and receives a cash deposit immediately following each credit card transaction.

If credit sales for the company total $55,000 on January 15, what journal entry should be recorded to recognize the receipt of cash and the credit card fee expense?

Debit Cash $53,900; debit Credit Card Fee Expense $1,100

Debit Cash $53,900; credit Credit Card Fee Expense $1,100

Debit Cash $56,100; debit Credit Card Fee Expense $1,100

Debit Cash $56,100; credit Credit Card Fee Expense $1,100