Sarasota Corp. decides to factor $ 117,000 of accounts receivable with Bridgeport Inc. on a without recourse basis. Bridgeport Inc. charges a 5% finance charge to Sarasota Corp. Record the journal entry to be recorded by Sarasota Corp. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit