Baillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2024. Courtney purchased the equipment from Doane Machines at a cost of $252,500, its fair value. Note: Use tables, Excel, or a financial calculator. (FV of $1,PV of $1, FVA of $1,PVA of $1, FVAD of $1 and PVAD of $1 ) Required: Prepare a lease amortization schedule and appropriate entries for Baillie Power from the beginning of the lease through December 31 2024. 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. Prepare a lease amortization schedule. Note: Round your intermediate calculations and final answers to the nearest whole dollar. Enter all amounts as positive values. Prepare a lease amortization schedule and appropriate entries for Baillie Power from the beginning of the lease through December 31 2024. 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. Record the appropriate adjusting entries at the end of each quarter for Baillie Power from the commencement of the lease through January 1, 2024. December 31 is the fiscal year end for each company. Note: 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. 2 Record the quarterly lease payment made by Baillie Power. 3 Record the quarterly lease payment made by Baillie Power. 4 Record the amortization for Baillie Power. 5 Record the quarterly lease payment made by Baillie Power. 6 Record the amortization for Baillie Power. 7 Record the quarterly lease payment made by Baillie Power. \begin{tabular}{|l|l|} \hline 7 & RecordthequarterlyleasepaymentmadebyBailliePower. \\ \hline 8 & Record the amortization for Baillie Power. \\ \hline 9 & RecordthequarterlyleasepaymentmadebyBailliePower. \\ \hline 10 & Record the amortization for Baillie Power. \\ \hline Note : O= journal entry has been entered \\ \hline Record entry \\ \hline clear entry \\ \hline \end{tabular}