ash 2. Tempo Industries is an 809-owned subsidiary of Dalle Inc. On January 1, 2017, Dalieleased in To Tempo and the following journal entries were made: Tempo Assets Under Capital Lease 21,561 Cash 5.00 Obligations Under Capital Lease 16.561 Dalie Minimum Lease Payments Receivable 20,000 5.000 Unearned Interest Income 3,439 Asset (cost of asset leased) 18.000 Sales Profit on Leases 3,561 terms of the lease agreement require Tempo to make five payments of $5,000 each at the beginning Dach year. The implicit interest rate used by both Dalie and Tempo is 8% pare the eliminations and adjustments required by the intercompany lease on the Figure 5-9 partial ksheet of December 31, 2017. Key and explain all eliminations and adjustments. Figure 5-9 Dalie and Tempo Industries Consolidated Partial Worksheet For the Year Ended December 31, 2017 Trial Balance Dalie Tempo 20,000 Eliminations and Adjustments Debit Credit 20,000 Sunt Titles Smum Lease Payments vable rned Interest Income Under Capital Lease ulated Depreciation ts Under Capital 2,114) 21,561 RISI 4312 410.000 (4,312) 260,000 ANS ssets ulated Depreciation Assets ons Under Cupital 3561 14312 (167.000) (98,000) 712 (16,561) (1.325) Payable Income fit on Leases Expense ion Expense 16561 1325 1325 3561 (1.325) (3.561) 1.325 10,470 17,500 1325 212 151.421 S21