1. (LESSEE ENTRIES FOR FINANCING LEASE). The following facts pertain to a non-cancelable lease agreement between Ace Leasing Company B. Compute the Lease Liability to be recorded by the Lessee at inception of the lease and compute the ROU Asset to be recorded by the Lessee at inception. Based on those complete the two Lessee entries 1/1/2020. C. Prepare an interest amortization table for the first two periods and prepare the related two entries at year-ends 2020 and 2021. D. Compute the ROU Asset Amortization for the first two periods and prepare the related two entries at year-ends 2020 and 2021