Hy Marx Company recorded a right-of-use asset of $606,000 in a 10-year operating lease, Lease payments are made annually on January 1 of each year beginning January 1,2024 . The interest rate charged by the lessor was 10% Note: Use tables, Excel, or a financial calculator. (EV of $1, PV of \$1. EVA of $1. PVA of \$1, EVAD of $1 and PVAD of $11) Required: Prepare the appropriate journal entries on January 1, 2024, and December 31, 2024. Note: If no entry is required for a particular transaction, select "No journal entry required" in the first account field, Round your answers to the nearest whole dollar amounts. Journal entry worksheet Record the lease. Note: Enter debits before credits. Journal entry worksheet 4 Journal entry worksheet