Accounting for Leases On January 3, 2017, Hanna Corporation signed a lease on a machine for its manufacturing operation. The lease requires Hanna to make six annual lease payments of $18,000 with r31, 2017. Hanna could have financed the machine by borrowing the purchase price at an interest rate of 5%. a. Prepare the journal entries that Hanna Corporation would make on January 3 and December 31, 2017, to record this lease assuming its i. an operating lease and i a capital lease Round answers to the nearest whole number. If no entry is required, select "No entry" from the drop-dow n answer options for the debit and credit entries. i. the lease is reported as an operating lease