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Eye Deal Optometry leased vision testing equipment from Insight Machines on January 1 , 2 0 2 4 . Insight Machiries manufactured the equipment at

Eye Deal Optometry leased vision testing equipment from Insight Machines on January 1,2024. Insight Machiries manufactured the equipment at a cost of $200,000 and lisis a cash selling price of $250,177. Appropriate adjusting entries are made quarterly. Note: Use tables. Excel, or a financial calculator. (EV of $1, PV of $1. EVA of $1, PVA of $1. FVAD of $1 and PVAD of $1)
\table[[leave tern,5,years (20 quarterly periods)],[\table[[Quarterly leave payments],[Econcaic life of asset],[tinterest rate charged by the lessor]],\table[[$15,000
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