correct answer please

Skysong Inc entered into a five-year lease of equipment from Matusek Inc on July 1, 2021. The equipment has an estimated economir life of eight years and fair value of $225,000. The present value of the lease payments amounts to $194,045. The fease does not have a bargain purchase option and ownership does not transfer to 5 kysong at the end of the lease. (a) Record the transaction assuming Skysong follows IFRS. (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 0 for the amounts) Record the transaction assuming Skysong follows ASPE, (Credit occount titles are outomatically indented when the anwiont in to 0 declmal places, eg 5.275.)