assume that ibm leased equipment that was carried at a cost of 182000 to sunland company. the term of the lease is 7 years with equal rental payments of 36764 beginning december 31. the fair value of the equipment at commencement of the lease is 212000. the equipment has a useful life of 7 years with no salvage value. the lease has an implicit interest rate of 7%, no bargain purchase option, and no transfer of title. collectibility of lease payment is probable. prepare ibms december 31 journal entries at commencement of the lease