II. Broncos Company leased equipment from Denver-Tech Leasing on January 1, 2023. Other information: There is no expected residual value. Required: 1) Compute the present value of the lease payments for the right-of-use asset. 2) Prepare the lease amortization schedule for 5 years. 3) Prepare appropriate journal entries for Broncos (lessee under finance lease) for 2023 . A straight-line amortization and a December 31 year-end. Round your answers to the neares dollar amounts