The College Store accepts MasterCard for payments of purchases made by students. The credit card drafts are deposited directly in a bank account. MasterCard charges a 1.55% collection fee. Credit card drafts totaling $10,000 are deposited during August. Recording the sales and deposits will result in an increase in a. Service Charge Expense for $155 b. Sales for $9,854 C. Accounts Receivable for $9,854 d. Cash for $10,000