2 On December 31, 2023, a day when the avallable interest rate was 12%, Valcent Products Inc. leased equipment with an six-year life. The contract called for an $8,200 annual lease payment at the end of each of the next five years, with the equipment becoming the property of the lessee at the end of that period. Use IABL.E 14A.2. (Use oppropriate factor(s) from the tables provided.) Required: Prepare entries to record. Valcent Products Inc, uses Accumulated depreciation account to account for depreciation expense. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar) a. the leasing of the equipment, b. depreclation expense for 2024 assuming straight-line and a zero residual value, c. the December 31