Chance Enterpilses leased equipment from Third Bank Leasing on January 1. 2021. Chance elected the short-term lease option. Appropriate adjusting entries are made annually. Required: Prepare approprlate entries for Chance from the beginning of the lease through April 1. 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amount.)