Exercise 15-19 (Algo) Lessee; renewal option [L015-2, 15-6] Natick industries ieased high tech instruments from Fremingham Leasing on Januayy 1, 2021. Natck has the option to renew the iease at the end of two years for an additional three years. Natck is subject to a $40,000 pendo affer two years if it fols to tenew the icase EVAD. of S1 and PVAD gftst (Use appropriate factor(s) from the tables previded.) Pequired: Prepare appropriate entries for Natick industies from the beginning of the leose through March 31,2021 Apptopriate adjusting enries Required: are made quaredy. (f no entry is required for a transaction/event, select "No journal entry required" in the first account feld. Round your intermediate caiculations and final answers to the neatest whole dollac) Journal entry worksheet Prepare appropriate entries for Natick industries trom the beginning of the lease through March 31, 2021. Appropriate adfunting enthes are made quarterly. Of no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Round your intermediate calculations and final answers to the nearest whole dollarj Journal entry worksheet Record the beginning of the lease for Natick Industries. Note: Finter debis tefore ornsts