Brief Exercise 21-9 Sweet Corporation enters into a 6-year lease of equipment on January 1, 2017, which requires 6 annual payments of $37,100 each, beginning January 1, 2017. In addition, Sweet guarantees the lessor a residua value of $20,900 at lease-end. The equipment has a useful life of 6 years. Prepare Sweet January 1 2017 ournal entries assuming an interest rate of 10% Credit account titles are automatically indented when 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 present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to o decimal places e.g. 58,971.) Click here to vieaw factor tables Date Account Titles and Explanation Debit Credit January 1, 2017 (To record the lease.) January 1, 2017 To record first lease payment.)