A lessor and lessee enter into a lease agreement whereby an 18 wheeler with a fair value of $130,000 and a useful life of five years will be leased for four years. The lease payments will be made at the beginning of each year. The lessee guarantees that at the end of the lease term, the truck's residual value will be at least $20,000. The lessor requires a rate of return at 12%. The lessee can borrow to purchase at an interest rate of 10%.

We already know:

-The amount of the lessor's net investment is $130,000

- the fair value is $130,000.

- residual value at the end of the lease term , $20,000

-residual value at the end of the assets useful life, $15,000

- at the end of two year sthe lesse has the option to purchase the truck for $65,000

- fair markvet value at that time is suppose to be , $90,000 with a rate of return of 12%

- 10% interest rate

- lease payment = 38,215

guarantee of the pv of the lease payments for the lessee = 133,252

it is a finance lease, a purchase

capitalized asset value = 130,000

liability = 91,785

interest rate at 12%, interest expense at 11,014

amortization at 23,000

please solve for what would the remaining journal entries be for the lease term