High Time Tours leased rock-climbing equipment from Adventures Leasing on January 1, 2024. High Time has the option to renew the lease at the end of two years for an additional three years for $8,000 per quarter. Adventures purchased the equipment at a cost of $198,375. Note: Use tables, Excel, or o finoncial calculator. (EV of S1. PV ofS1. EVA of \$1, PVA of S1. EVAD of S1 and PVAD of S1) 2. Prepare an amortization schedule for the term of the lease. Note: Round your intermediate and final answers to nearest whole dollor. Enter all amounts as positive values. 1. Required information