Help with the Journal entries for part b please

On Jarivary A, 2020, Kingbird Co. leased a building to Blossom inc. The relevant information related to the lease io a follows. 1. The lease arrangement is for 10 years, The butlding is expected to hane a fesidual value at the end of the icase of $3,800,000 (unguaranteed). 2. The leased building has a cost of $4,300,000 and was purchased for cash on lanciary,1, 2020 3. The bulding is depreciated on a straight hine basis, its egtimated economic We is 50 years withnosalvage value. 4. Lease payments are $275,000 per year and are madeat the begintiig of the year. 5. Blossom has an incremental borrowingrate of 5% and the rate inplicit in the lease is inknown to Bionoim. 6. Boththe lessor and the lessee are on a cilentiar.year basis Prepare the journal entries that Kingbird should make in 2020. (Credit occount titles are automaticolly indented when amoumt is entered, Do not indent manualiy Recond journal entries in the order presented in the problem). Prepare the journal entries that Blossom should make in 2020. (Credit account tities are outomaticaly indented when amount is entered. Do not indent monually Round answers to 0 decimal ploces, es. 5,275. Record joumal entries in the onder presented in the problem.) (To record lease payment) 12/31/20 Lease Experse 275009 Lease Liability Right-of-Use Assiet