Hughey Co$.$ as lessee records a capital lease of machinery on January $1,2018.$ The seven annual lease payments of $$875,000$ are made at the end of each year. The present value of the lease payments at $10\%$ is $$4,260,000.$ Hughey uses the effective$-$interest method of amortization and sum$-$of$-$the$-$years $-$digits depreciation $($no residual value$).16$ptsInstructions $($Round to the nearest dollar.$)$Prepare an amortization table for $2018$ and $2019.9$ptsPrepare all of Hughey's journal entries for $2018.-7$pts