B. The lease term is 3 years, beginning January 1, 2021 The leased asset cost the lessor $800.000 and had a useful life of eight years with no residual value. The lessor uses straight line depreciation for its depreciable assets c. Annual lease payments at the beginning of each year were $137000 d. Incremental costs of negotiating and consummating the completed lease transactioh incurred by the lessor were $2.400 Required: Prepare the appropriate entries for the lessor from the beginning of the lease through the end or the lease term (Round your Intermediate and final answers to the nearest whole dollar amount. If no entry is required for a transaction/event, select "No ournal entry required" in the first account field.) View transaction Best Journal entry worksheet