Baille Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment from Doane Machines at a cost of $257.000, its fair value (FV of S1, PV of $1. FVA of Si. PVA of S1, FVAD of S1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Related Information: Lease term Quarterly lease payments Economic life of asset Interest rate charged by the lesson 2 years (8 quarterly periods) $22,000 ot Jan. 1, 2021, and at Mar. 31, June 30, Sept. 30, and Dec. 31 thereafter 5 years 124 Required: Prepare a lease amortization schedule and appropriate entries for Balle Power from the beginning of the lease through December 31, 2021. December 31 is the fiscal year end for each company. Appropriate adjusting entries are recorded at the end of each quarter. Complete this question by entering your answers in the tabs below. Amort General Schedule Journal Prepare a lease amortization schedule. (Round your intermediate calculations and final answers to the nearest whole dollar. Enter all amounts as positive values.) Lease Effective Decrease in Lease Payment Date Payments Interest Balance Balance 01/01/2021 03/31/2021 08/30/2021 09/30/2021 12/31/2021 03/31/2022 06/30/2022 09/30/2022 Total $ 0 $ ols 0 Amonterade General Journal > Required: Prepare a lease amortization schedule and appropriate entries for Balle Power from the beginning of the lease through December 31 2021. December 31 is the fiscal year end for each company. Appropriate adjusting entries are recorded at the end of each quarter. Complete this question by entering your answers in the tabs below. Amort Schedule General Journal Record the appropriate adjusting entries at the end of each quarter for Balle Power from the commencement of the lease through January 1, 2021. December 31 is the fiscal year end for each company. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations and final answers to the nearest whole dollar) Show less View transaction list Journal entry worksheet