BE216L02) Debbink plc leased machinery from Young Ltd.on January 1, 2019. The lease term was for 8 years, with equal annual rental payments of 5,300 at the beginning of each year. In addition, the lease provides an option to purchase the machinery at the end of the lease term for 2,000, which Debbink is reasonably certain it will exercise as it believes the fair value of the machinery will be at least 6,000. The machinery has a useful life of 10 years and a of 36,000. The implicit rate of the lease is not known to Debbink. Debbink's incremental borrowing rate is 8%. Prepare Debbink's 2019 journal entries