Samson Wholesale Beverage Company regularly factors its accounts receivable with the Milpitas Finance Company On April 30, 2016, the company transferred $920.000 of accounts receivable to Milpitas. The transfer was made without recourse Milpitas remits 85% of the factored amount and retains 15% When Milpitas collects the receivables, it remits to Samson the retained amount less a 2% fee (2% of the total factored amount) Samson estimates the fair value of the last 15% of its receivables to be $72,000 Required: Prepare journal entries for Samson Wholesale Beverage for the transfer of accounts receivable on April 30 assuming the sale criteria are met