Current Attempt in Progress Larkspur Corporation recorded a right-of-use asset for $289,100 as a result of a finance lease on December 31, 2024 . Larkspur's incremental borrowing rate is 12%, and the implicit rate of the lessor was not known at the commencement of the lease. Larkspur made the first lease payment of $56,560 on December 31, 2024. The lease requires 7 annual payments. The equipment has a useful life of 7 years with no residual value. Prepare Larkspur's December 31, 2025, entries. (List all debit entries before credit entries. Credit account titles are automatically indented when 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. Round answers to 0 decimal places e.g. 5,275.)