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Headland Incorporated factored $126, 900 of accounts receivable with Sage Factors Inc. on a without-recourse basis. Sage assesses a 2% finance charge of the amount of accounts receivable and retains an amount equal to 5% of accounts receivable for possible adjustments. Prepare the journal entry for Headland Incorporated and Sage Factors to record the factoring of the accounts receivable to Sage. (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.)