2)Marks (20) Lease Amortization Schedule $ AnnualInterest onReduction of Balance of Date_Lease PaymentUnpaid ObligationLease ObligationLease Obligation Jul 1/20 420,000 Jun 30/21 $ 126,807 $ 33,600 $ 93,207 326,793 Jun 30/22 126,807 26,143 100,664 226,129 Required: 1) Prepare all the necessary entries according to the lease amortization schedule. 2)Comment on the nature of the lease from the perspective of lessee and lessor