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Assume that IBM leased equipment that was carried at a cost of $173.000 to Orlole Company. The term of the case is oyeurs December 31,

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Assume that IBM leased equipment that was carried at a cost of $173.000 to Orlole Company. The term of the case is oyeurs December 31, 2019 with equal rental payments of $30044 beginning December 31, 2019. The air of the colom commencement of the leases $150,001. The equipment has useful life of years with rose value. The Beatlus animit Interest rate of Brobargain purchase option, and no transfer of title. Collection payments for Tom is probabil Prepare Im December 31, 2019, journal entries at commencement of the least. (Cedit accountiles are automatically indented when amount is entered. Do not indent manually. For calculation purposes, le 5 decimal places as played in the factor tobie provided and round final answers to decimal places. 5.2753 Click here to viewfactor tables Account Titles and Explanation Det Credit Date December 31, 2019 (To record these December 31 2019

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