annual leave paymerts of $24,000 at the bejinaing of each year. The lease does not traster ownenhia nor does it contain a bargain lease payments is less than 90 so of the tair vatum of the equipment. Prepare Lirs journa encrica on Jaruary 1, 2025 fcumenencement of the operating leasel, and an December 31, 2025. Assume the List all debit entrie before credit entries, For calailation purposes, use 5 decimal places as displayed in the for tor table provided and round final anowers to 0 decimal places, es 5,275 ferond journal entries in the onster presented in the problemt) Cick here to vew tactor tables