Betty Leasing Company signs an agreement on January $1,2025,$ to lease equipment to Bramble Company. The following information relates to this agreement. $1.$ The term of the non$-$cancelable lease is $3$ years with no renewal option. The equipment has an estimated economic life of $5$ years. $2.$ The fair value of the asset at January $1,2025,$ is $$83,000.3.$ The asset will revert to the lessor at the end of the lease term, at which time the asset is expected to have a residual value of $$11,000,$ none of which is guaranteed. $4.$ The agreement requires equal annual rental payments of $$25,370\mathrm{.}31$ to the lessor, beginning on January $1,2025.5.$ The lessee's incremental borrowing rate is $5\%.$ The lessor's implicit rate is $4\%$ and is unknown to the lessee. $6.$ Bramble uses the straight$-$line depreciation method for all equipment. Prepare all of the journal entries for the lessee for $2025$ to record the lease agreement, the lease payments, and all expenses related to this lease. Assume the lessee's annual accounting period ends on December $31.$