ABC Company leased two high-tech electronic equipment from XYZ Ltd. on January 1, 2021. The detail of the two lease contracts are as bellow:

		Lease agreement 1	Lease agreement 2
Lease term (years)		4	5
Economic life of asset (years)		5	7
borrowing rate per annum is		11%	9%
Rental payment		$10,000 at the beginning of each period	$15,000 at the ending of each period
Rental Payment mode		Annual	Semiannual
Depreciation mode		straight-line depreciation	straight-line depreciation
Residual value:
Guaranteed by lessee		50,000	15,000
Unguaranteed		0	10,000

For both lease agreements prepare the following:

a. Calculate the Right of Use

b. Prepare the amortization table.