Skysong Inc. factors receivables with a carrying amount of $240,800 to Joffrey Company for $163,000 on a with recourse basis. The recourse provision has a fair value of $3,260. This transaction should be recorded as a sale. Prepare the appropriate journal entry to record this transaction on the books of Skysong Inc. (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.)