I need all the calculations and journal entries. Please Don't copy the answer from others

Company A sells a machine to Company B for its fair value of $ 2,000,000 on January 1,2018 - Company A immediately leases the machine back for 5 years The useful life of the machine is 7 years - The implicit rate is 7% and the incremental borrowing rate is 6% (assume both rates are known to lessee) The machine was recorded on Company A's books at$ 1,400,000 - The residual value at the end of 5 years is expected to be $ 400,000 and is not guaranteed Assuming the annual payments are at the beginning of the period are what is the lease payment Company B would charge Company A? - Using IFRS give the initial journal entries for Company B Using ASPE give the initial journal entries for Company B Using IFRS give the initial journal entries for Company A - Using ASPE give the initial journal entries for Company A Company A sells a machine to Company B for its fair value of $ 2,000,000 on January 1,2018 - Company A immediately leases the machine back for 5 years The useful life of the machine is 7 years - The implicit rate is 7% and the incremental borrowing rate is 6% (assume both rates are known to lessee) The machine was recorded on Company A's books at$ 1,400,000 - The residual value at the end of 5 years is expected to be $ 400,000 and is not guaranteed Assuming the annual payments are at the beginning of the period are what is the lease payment Company B would charge Company A? - Using IFRS give the initial journal entries for Company B Using ASPE give the initial journal entries for Company B Using IFRS give the initial journal entries for Company A - Using ASPE give the initial journal entries for Company A