Larkspur Corporation owns equipment that cost $104,000 and has a useful life of 8 years with no salvage value. On January 1 , 2020, Larkspur leases the equipment to Havaci Inc. for one year with one rental payment of $19,500 on January 1. Assuming Havaci (lessee) elects to use the short-term lease exception, prepare Havaci's 2020 journal entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)