Laura Leasing Company signs an agreement on January 1, 2020, to lease equipment to Shamrock Company. The following information relates to this agreement 1. The term of the non-cancelable lease is 3 years with no renewal option. The equipment has an estimated economic life of 5 years. 2. The fair value of the asset at January 1,2020 , is $74,000. 3. The asset will revert to the lessor at the end of the lease term, at which time the asset is expected to have a residual value of 53,000 , none of which is guaranteed. 4. The agreement requires equal annual rental payments of $24,716 to the lessor, beginning on January 1, 2020. 5. The lessee's incremental borrowing rate is 5%. The lessor's implicit rate is 4% and is unknown to the lessee. 6. Shamrock uses the straight-line depreciation method for all equipment. Click here to view factor tables (For calculation purposes, use 5 decimal ploces as displayed in the factor table provided) Prepare an amortization schedule that would be suitable for the lessee for the lease term. (Round ainswers to 0 decimal ploces es. 5,2651