TE Marigold Furniture factors $ 906000 of receivables to Cullumber, Inc. Cullumber assesses a 3% service charge on the amount of receivables sold. Marigold Furniture factors its receivables regularly with Cullumber. What journal entry does Marigold make when factoring these receivables? Cash 906000 Accounts Receivable 878820 Gain on Sale of Receivables 27180 Cash 878820 Service Charge Expense 27180 Accounts Receivable 906000 Cash 878820 Loss on Sale of Receivables 27180 Accounts Receivable 906000 Cash 878820 Accounts Receivable 878820