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Gomez Inc. leases a vehicle from CareMax Inc. on fanuary i for a three-year period, appropriately classified by Gomez Inc. as an operating lease: Gomez

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Gomez Inc. leases a vehicle from CareMax Inc. on fanuary i for a three-year period, appropriately classified by Gomez Inc. as an operating lease: Gomez agrees to make $18,000 annual payments beginning on january 1. Prepare the journal entries for Gomez assuming that Gomez is aware of the rate implicit in the fease of 6%. a. January 1-Record the right-of-use asset. b. January 1-Record the first lease payment: c. December 31-Record the year-end adjusting entry. - Note: Round your answers to the nearest whole dollar

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