Brief Exercise 21-8 Pearl Corporation owns equipment that cost $66,000 and has a useful life of 6 years with no salvage value. On January 1, 2017, Pearl leases the equipment to Donna Havaci Inc. for one year with one rental payment of $14,800 on January 1. DD notindent manuai? Prepare Pearl Corporation's 2017 journal entries. (Credit account titles are automatical indented when ano untis entered If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit anuary 1, 2017 (To record lease payment.) December 31, 2017 (To record depreciation.) Click if you would like to Show Work for this question: Open Show Work