Keller Corporation (the lessee) entered into an equipment lease with Dallo Company (the lessor) on January 1 of Year 1. 1 The equipment reverts back to the lessor at the end of the lease, and there is no bargain purchase option. 2 The lease term is 8 years and requires annual payments of $10,000 at the end of each year. 3 The equipment's fair value at lease inception is $100,000. Assume that the present value of minimum lease payments is $50,000. 4 The equipment has an estimated economic life of 20 years and has zero residual value at the end of this . time. Required: Prepare the journal entry that Keller Corporation would make each year, assuming the lease is classified as an operating lease