please help!

Mountain High Ice Cream Company transferred $67,000 of accounts recelvable to the Prudentlal Bank The transfer was made with recourse. Prudentiat remits 90% of the factored amount to Mountain High and retains 10% to cover sales retums and allowances. When the bank collects the recelvables, It will remit to Mountain High the retained amount (which Mountain estimates has a fair value of $5,700 ). Mountain High anticipates a $3,700 recourse obligation. The bank charges a 3% fee (3% of $67,000). and requires that amount to be paid at the start of the factoring arrangement. Required: Prepare the journal entry to record the transfer on the books of Mountain High assuming that the sale criterla are met. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet