Brief Exercise 21-4 Wildhorse Corporation recorded a capital lease at $262,500 on January 1, 2017, The interest rate is 13%. Wildhorse Corporation made the first lease payment of $52,526 on January 1, 2017. The lease requires 7 annual payments. The equipment has a useful life of 7 years with no salvage value. Assume that at December 31, 2017, Wildhorse made an adjusting entry to accrue interest expense of $27,297 on the lease Prepare Wildhorse's January 1, 2018, journal entry to record the second lease payment of $52,526. (Credit account titles are automatically indented whern amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Round answers to O decimal places, e.g. 5,125.) Date Account Titles and Explanation Debit anuary 1, 2018 Click if you would like to Show Work for this question: Open Show Work