Date	Lease Payment	Interest Expense	Reductionin liability	Lease liability
1/1/20				536975
1/1/20	109209		109209	427766
1/1/21	109209	38499	70710	357056
1/1/22	109209	32135	77074	279982
1/1/23	109209	25198	84011	195971
1/1/24	109209	17637	91572	104400
1/1/25	109209	9396	99813	4587
1/1/26	5000	413	4587	0

Prepare all of the journal entries for the lessee for and to record the lease agreement, the lease payments, and all expenses related to this lease. Assume the lessees annual accounting period ends on December 31.