Exercise 15-16 (Algo) Lessee; operating lease [LO15-4] 3aillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2024. Courtney purchased the equipment rom Doane Machines at a cost of $252,500, its fair value. vote: 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 ) 3equired: Prepare a lease amortization schedule and appropriate entries for Baillie Power from the beginning of the lease through December 31 , 2024. December 31 is the fiscal year end for each company. Appropriate adjusting entries are recorded at the end of each quarter. Prepare a lease amortization schedule. Note: Round your intermediate calculations and final answers to the nearest whole dollar. Enter all amounts as positive values. Journal entry worksheet Record the beginning of the lease for Baillie Power. Note: Enter debits before credits. Record the quarterly lease payment made by Baillie Power. Note: Enter debits before credits. Note: Enter debits before credits