E9-5 (GCA/GLTL Entries) Prepare the entries required in the General Capital Assets and General Long-Term Liabilities accounts for the following transactions. 1. A city leased fire trucks under a long-term capital lease agreement. The capitalizable cost of the trucks was $1,400,000. The city paid $200,000 at the inception of the lease and is to make annual lease payments of $350,000 per year. 2. The city made the first annual lease payment at the end of the first year of the lease. The $350,000 payment included $225,000 interest. 3. The city incurred claims and judgments associated with general government activities during the year. Claims of $450,000 were paid. The city expects another $1,200,000 of losses associ- ated with unsettled claims. These claims are not expected to require payment for some time to come