Carla Vista Corporation, which uses ASPE, enters into a 6-year lease of equipment on September 1, 2020, that requires 6 annual payments of $33,000 each, beginning September 1, 2020. In addition, Carla Vista guarantees the lessor a residual value of $23,000 at lease end. The equipment has a useful life of seven years. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY DUF OF 1 Using (1) tables, (2) a financial calculator, or (3) Excel functions, calculate the amount of the capital lease and prepare Carla Vista's September 1, 2020 journal entry assuming an interest rate of 8%. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Round factor values to 5 decimal places, 48 1.25124 and final answers to decimal places, es 5,275) Debit Credit Account Titles and Explanation Lament under se Oblations under To record inception of lease and first lease payment Assume instead that Carla Vista follows IFRS and that the amount expected to be paid under the residual value guarantee is $11,000. Calculate the amount of the right-of-use asset and prepare Carla Vista's September 2020 journal entry, assuming an interest rate of 8%. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round factor values to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 5,275.) Credit Debit Account Titles and Explanation Right of Use Asset Les balty To record inception of lease and first lease payment)