Baillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment from Doane Machines at a cost of $253,500, its fair value. (FV of S1, PV of $1. EVA of Si. PVA of $1. FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Related Information: Lease ter Quarterly lease payments Economic life of asset Interest rate charged by the lessor 2 years ( quarterly periods) 518,500 at Jan. 1, 2021, and at Mar. 31, June 30, Sept. 30, and Dec. 31 thereafter 5 years 12% 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