Bridgeport Inc. entered into a five-year lease of equipment from Matusek Inc on July 1, 2021. The equipment has an estimated economic life of eight years and fair value of $195,000. The present value of the lease payments amounts to $168,173. The lease does not have a bargain purchase option and ownership does not transfer to Bridgeport at the end of the lease. Record the transaction assuming Bridgeport follows IFRS. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.) Account Titles and Explanation Debit Credit IFRS I List of Accounts Record the transaction assuming Bridgeport follows ASPE. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal places, eg. 5,275.) Account Titles and Explanation Debit Credit ASPE List of Accounts