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Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2024. Edison purchased the equipment from intemational Machines at a cost of $124,782

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Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2024. Edison purchased the equipment from intemational Machines at a cost of $124,782 Note: Use tables, Excel, or a financial calculator. (EV of \$1. PV of \$1. FVA of S1. PVA of \$1. EVAD of S1 and PVAD of S1) Required: Prepare a lease amortization schedule and approprlate entries for Edison Leasing from the beginning of the lease through Januar 2025. 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, 2025. Edison's fiscal year ends December 31. Note: Round your intermediate and final answers to the nearest whole dollar. Enter all amounts as positive values

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