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Time left 2:00135 On September 1, 2021, COVID borrowed $450,000 at 12% interest and pledged $550,000 in accounts receivables as collateral. Additionally, COVID was charged a finance fee equal to 1.5% of the accounts receivable assigned. At the end of December, $350,000 of the assigned receivables were collected and remitted to the lender along with accrued interest Required: (Show your Working. You have the option to upload your answer/working for this question via the provided link/button) Prepare journal entries to record (A) the borrowing, the assignment of receivables, (B) the collection on the receivables, and (C) the recognition of interest expense. Paragraph