Eye Deal Optometry leased vision-testing equipment from Insight Machines on January 1, 2024. Insight Machines manufactured the equipment at a cost of $240,000 and lists a cash selling price of $328,068 Approprate adjusting entries are made quarterly. Note: Use tables, Excel, or a financlal calculator. (EV of \$1. PV of \$1. FVA of \$1. PVA of \$1, EVAD of S1 and PVAD of \$1) Required: 1. Prepare approprlate entrles for Eye Deal to record the arrangement at its beginning. January 1, 2024, and on March 31,2024. 2. Prepare appropriate entries for insight Machines to record the arrangement at its beginning. January 1, 2024, and on March 31. 2024