Brief Exercise 21A-6 Windsor Company leased equipment from Costner Company, beginning on December 31, 2016. The lease term is 4 years and requires equal rental payments of $87,122 at the beginning of each year of the lease, starting on the commencement date (December 31, 2016). The equipment has a fair value at the commencement date of the lease of $320,000, an estimated useful life of 4 years, and no estimated residual value. The appropriate interest rate is 6%. Click here to new the factor tabe. Prepare Windsor's 2016 and 2017 journal entries, assuming Windsor depreciates similar equipment it owns on a straight-line basis. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answers to O decimal places, e.g. 5,275.) Date Accoast Titles and Esplanatiea 12/31/16 To recond lease tiability 331/16 To recend lease payment) 1231/17 To record interest expamsc) 1231/17 To reoord amortization of the right-of-use asset)