Brief Exercise 21A-7 Larkspur Corporation recorded a right-of-use asset for $410,400 as a result of a finance lease on December 31, 2016. Larkspur's incremental borrowing rate is 10%, and the implicit rate of the lessor was not known at the commencement of the lease. Larkspur made the first lease payment of $64,784 on on December 31, 2016. The lease requires 9 annual payments. The equipment has a useful life of 9 years with no residual value Prepare Larkspur's December 31, 2017, entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to o decimal places e.g. 5,275 Date ccesst Thles and Explanation Debit Credit December 31, 2017 To receed interest espense December 31, 2017 To receed amortization of the right-of-use asset)