Calculate and record journal entries for the current year and subsequent years for a finance lease transaction for an asset with listed price as PKR 480,000 and acquisition cost of PKR 20,000. The contract will last for 4 years with IRR as 13.5%. Salvage value is estimated to be as PKR 100,000 and the acquiring company has to make a security deposit equal to its salvage value. The contract also allows Lessee to adjust security deposit against salvage value in case Lessee wants to transfer ownership. Since its a finance lease, the reporting standard requires Lessee to depreciate asset in its books where lessee has a policy to depreciate such type of assets under straight line method.