Exercise 15-16 (Algo) Lessee; operating lease [LO15-4] Bailtie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2024, Courtney purchased the equipment from Doane Machines at a cost of $253,000, its fair value. Note: Use tables, Excel, or a financial calculator. (FV of \$1, PV of \$1, EVA of \$1, PVA of \$1. EVAD of \$1 and PVAD of \$1) Required: 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. Complete this question by entering your answers in the tabs below. Prepare a lease amortization schedule. Note: Round your intermediate calculations and final answers to the nearest whole dollar. Enter all amounts as positive values. Exercise 15-16 (Algo) Lessee; operating lease [LO15-4] Baillie Power leased high-tech electronic equipment from Courthey Leasing on January 1,2024. Courthey purchased the equipment from Doane Machines at a cost of $253,000, its fair value. Note: Use tables, Excel, or a financial calculator. EV of \$1, PV of \$1, FVA of \$1, PVA of \$1, PVAD of \$1 and PVAD of \$1 Required: Prepare a lease amortization schedule and appropriate entries for Ballie 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. Complete this question by entering your answers in the tabs below. Record the appropriate adjusting entrles at the end of each quarter for Ballile fower from the commencement of the lease through January 1, 2024. December 31 is the fiscal year end for each company. Note: If no entry is required for' a transactionvevent, select "No joumal entry required" in the first account field. Round your intermediate calculations and final answers to the nearest whole dollac Journal entry worksheet