Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below Req 1 Req 2 and 4 Req 5 Prepare the lessee's journal entries at the beginning of the lease, the first lease payment at December 31, 2018 and the second lease payment at December 31, 2019. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars and not in the millions of dollars. Round your answers to nearest whole dollars.) Show lessA Date General Journal Debit Credit 6,479,440 January 01, 2018|Right-of-use asset Lease payable 6,479,440 583,150 1,416,850 December 31, 201 Interest expense Lease payable Cash 2,000,000 455,633 1,544,367 Ol December 31, 201 Interest expense Lease payable Cash 2,000,000 KReq 1 Req5 > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1Req 2 and 4Req 5 Suppose the fair value of the machine and the lessor's implicit rate were unknown at the time of the lease, but that the lessee's incremental borrowing rate of interest for notes of similar risk was 8%. Prepare the lessee's entry at the inception of the lease. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars and not in the millions of dollars. Round your answers to nearest whole dollars.) Show less No Date General Journal Debit Credit 1January 01, 2018 Right-of-use asset 6,035,936 8 Lease payable 6,624,200 Req 2 and 4 Req 5