Brief Exercise 21-9 Sheridan Corporation enters into a S-year lease of equipment on January 1, 2017, which requires 5 annual payments of $43,200 each, beginning January 1, 2017. In addition, Sheridan guarantees the lessor a residual va of $18,000 at lease-end. The equipment has a useful life of 5 years prepare Sheridan,January 1, 2017, journal entries assuming an inter strate of 96 (Cr dit. Debit Credit Date January 1, 2017 (To record the lease.) January 1, 2017 To record first lease payment.) if you would like to Show Work for this question: pen Show Work SHOW LIST OF ACCOURETS