Sunland Corp, factors $370,000 of accounts receivable with Coronado Finance Corporation on a without recourse basis on July 1 . 2025. The receivables records are transferred to Coronado Finance, Which will recelve the collections. Coronado Finance assesses a finance charge of 1.80% of the amount of accounts receivable and retains an amount equal to 5% of accounts receivable to cover sales discounts, returns, and allowances. The transaction is to be recorded as a sale. (a) Prepare the foumal entry on July 1, 2025, for Sunland Corp. to record the sale of recelvables without recourse. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. tist all debit entries before credit entries.)