Feliz Navidad (FN) leased equipment to Happy Holidays (HH) on 1/1/21. This is an operating lease. The lease requires payments of $80,000 each year for 7 years beginning on 1/1/21. Jackal purchased the equipment for $400,000 and estimates its total useful life is 20 years and that it will have a residual value of $20,000. Jake's borrowing rate is 10%. Record all required journal entries for Feliz Navidad in 2021. Please round numbers to whole numbers, and do not include the "$" sign or commas. For any unused blanks, please enter NA. (6 pts) Date Description Debit Credit 01.01.21 type your answer... type your answ type your answ type your answer... type your answ type your answ 12.31.21 type your answer... type your answ type your answ type your answer... type your answ type your answ type your answer.. type your answ type your answ type your answer... type your answ type your answ Record all required journal entries for Happy Holidays in 2021. Please round numbers to whole numbers, and do not include the "$" sign or commas. For any unused blanks, please enter NA. (14 pts) Date Description Debit Credit 01.01.21 type your answer.. type your answ type your ansu type your answer... type your answ type your ansu type your answer... type your ansu type your ansu type your answer... type your answ type your ansu 12.31.21 type your answer... type your answ type your ansu type your answer... type your answ type your ansu type your answer... type your ansu '45158'