Cullumber Company specializes in leasing large storage units to other businesses. Cullumber entered a contract to lease a storage unit to Crane, Inc. for 4 years when that particular storage unit had a remaining useful life of 5 years. The fair value of the unit was $12,000 at the commencement of the lease on January 1, 2025. The present value of the five equal rental payments of $3,002 at the start of each year, plus the present value of a guaranteed residual value of $1,000, equals the fair value of $12,000, Cullumber's implicit rate of return on the lease of 5%. The following is a correct, complete amortization schedule created by Cullumber. Interest (5%) on Outstanding Reduction of Balance of Lease Lease Date Lease Payment Receivable Receivable Lease Receivable 1/1/25 $12,000 1/1/25 $3,002 $3,002 8,998 1/1/26 3,002 $450 2,552 6,446 1/1/27 3,002 322 2,680 3,766 1/1/28 3,002 188 2,814 952 12/31/28 1,000 48 952 0 $13,008 $1,008 $12,000 Given the above schedule, make the appropriate entries at December 31, 2028, to record the accrual of interest and the return of the storage unit to Cullumber (assuming the unit is returned on December 31, 2028, at the expected and guaranteed residual value of $1,000). (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)