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Bramble Distributors is a growing company whose ability to raise capital has not been growing as quickly as its expanding assets and sales. Bramble $\text{'}$s local banker has indicated that the company cannot increase its borrowing for the foreseeable future. Bramble's suppliers are demanding payment for goods acquired within $30$ days of the invoice date, but Bramble $\text{'}$s customers are slow in paying for their purchases $(60-90$ days$).$ As a result, Bramble has a cash flow problem.

Bramble needs $\backslash$$$164,000$ to cover next Friday's payroll. Its balance of outstanding accounts receivable totals $\backslash$$$720,000.$ To alleviate this cash crunch, the company sells $\backslash (\backslash$$ $174,000\backslash )$ of its receivables. Record the entry that Bramble would make. $($Assume a $\backslash (2\backslash \%\backslash )$ service charge.$)($Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

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$\backslash (25\backslash \%\backslash )$ score reduction after attempt $1$