A machine with a fair value of $650,000 is being leased for 5 years with the first payment of $148,158 due at the signing of the lease on 12/31/19, and the remaining payments of $148,158 due each December 31, at an interest rate of 7 percent per year. Required: Complete the amortization table below for the first 2 payments. Beginning Lease Payable Lease Interest Reduction of Lease Payable Ending Lease Payable ayment Expense Beginning amount 650,000 Payment #1 (12/31/19) Payment 148,158.00 #2 (12/31/20) 148,158.00