Please answer the question below. Thank you!

Do It! Review 8-2b Carla Vista Distributors is a growing company whose ability to raise capital has not been growing as quickly as its expanding assets and sales. Carla Vista's local banker has indicated that the company cannot increase its borrowing for the foreseeable future. Carla Vista's suppliers are demanding payment for goods acquired within 30 days of the invoice date, but Carla Vista's customers are slow in paying for their purchases (60-90 days). As a result, Carla Vista has a cash flow problem. Carla Vista needs $174,800 to cover next Friday's payroll. Its balance of outstanding accounts receivable totals $746,400. To alleviate this cash crunch, the company sells $185,800 of its receivables. Record the entry that Carla Vista would make. (Assume a 2% service charge.) ( Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit l ll ll | l ll ll | (To record sale of receivables to factor)