Sarasota Woodcrafters sells $238,100 of receivables to Commercial Factors, Inc. on a with recourse basis. Commercial assesses a finance charge of 5% and retains an amount equal to 4% of accounts receivable. Sarasota estimates the fair value of the recourse liability to be $9,020 Prepare the journal entry for Sarasota to record the sale. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit