Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2024. Edison purchased the equipment from International Machines at a cost of $123,288. Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Related Information: Lease term Quarterly rental payments Economic life of asset 2 years 2 years (8 quarterly periods) $16,500 at the beginning of each period $ 123,288 Implicit interest rate (Also lessee's incremental borrowing 8% rate) Fair value of asset Required: Prepare a lease amortization schedule and appropriate entries for Edison Leasing from the beginning of the lease through January 1, 2025. Edison's fiscal year ends December 31. Answer is not complete. Complete this question by entering your answers in the tabs below. Amortization Schedule General Journal Prepare the appropriate entries for Edison Leasing from the beginning of the lease through January 1, 2025. Edison's fiscal year ends December 31. Note: Enter your answers in whole dollars and not in millions. Round your intermediate and final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. No Date General Journal 1 January 01, 2024 Lease receivable Equipment 2 January 01, 2024 Cash Lease receivable 3 April 01, 2024 Cash Lease receivable Interest revenue 4 July 01, 2024 Cash Lease receivable Interest revenue 5 October 01, 2024 Cash Lease receivable Interest revenue 6 7 December 31, 202 Interest receivable Interest revenue January 01, 2025 Cash Lease receivable Interest receivable > > Debit 123,288 Credit 123,288 16,500 16,500 < Amortization Schedule General Journal > Show less A