Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2021. Edison purchased the equipment from International Machines at a cost of $131,591. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

1. Record the lease January 1st, 2021

2. Record cash received Jan 1st, 2021

3. Record cash received April 1st, 2021

4. Record cash received Jul 1st 2021

5. Record cash received October 1st, 2021

6. Record accrued interest December 31st, 2021

7. Record cash received January 1st 2022

Required: Prepare a lease amortization schedule and appropriate entries for Edison Leasing from the beginning of the lease through Jar 2022. Edison's fiscal year ends December 31. Complete this question by entering your answers in the tabs below. Prepare a lease amortization schedule for Edison Leasing from the beginning of the lease through January 1, 2022. Edison's fiscal year ends December 31 . (Round your intermediate and final answers to the nearest whole dollar. Enter all amounts as positive values.) Required: Prepare a lease amortization schedule and appropriate entries for Edison Leasing from the beginning of the lease through Jar 2022. Edison's fiscal year ends December 31. Complete this question by entering your answers in the tabs below. Prepare a lease amortization schedule for Edison Leasing from the beginning of the lease through January 1, 2022. Edison's fiscal year ends December 31 . (Round your intermediate and final answers to the nearest whole dollar. Enter all amounts as positive values.)