A6 F O B c D E G H K M N 1 Questions Max 6 points 2 Actual Pick Corporation (lessee) recorded a lease, including right of use asset and a lease liabil $ 2,550,000 on January 1, 2019. The interest rate 28% 4 Pick made a first lease payment on January 1, 2019. The lease requires 8 annual payments at the beginning of the calendar year with 5 no residual value 6 7 Instructions 8 1. Compute the lessee annual payment 9 2 Prepare Lease Amortization Schedule for the lease term (round to the whole number). 10 3 Prepare Pick Corporation's January 1, 2019 entry at the beginning of the lease, including the first lease payment. 11 4 Prepare December 31, 2019 adjusting entries 12 5 Prepare January 1, 2020 entry to record the second lease payment. 13 14 15