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b. Prepare a schedule of the lease receivable for the lessor for the lease term, - Note: Round each amount in the schedule to the

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b. Prepare a schedule of the lease receivable for the lessor for the lease term, - Note: Round each amount in the schedule to the nearest whole dollar. Use the rounded amount for later calculations in the schedule. d. What amounts would be presented related to this lease in the lessor's balance sheet as of December 31 of Year 1? - Note: Round your answers to the nearest whole dollar. e. What amounts would be presented related to this lease in the lessor's income statement for the year ended December 31 of Year 1 ? - Note: Round your answers to the nearest whole dollar. - Note: Do not use negative signs with your answers Nequired a. Calculate the value of the lease recemable at the commencement of the lease. - Note: Round your answer to the neacest whole doliar. b. Prepate a schedule of the lease receivable for the lessior for the lease term a. Prepare a schedule or the lease recetvable for the lessor for the tearse term c. Prepare journal entries on January 1 and December 31 of Year 1 and Year 2 for the lessor. - Note: Round your answers to the nearest whole dollar

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