Lease Amortization Schedule Interest on Reduction of Annual Balance of Date Lease Payment Vonaid Obligation Lease Obligation Lease Obligation $420,000 Juli /20 Jun 30/21 Jun 30/22 $ 126,807 $ 33,600 93,207 $ 326,793 126,807 26,143 100,664 226,129 Required: 1 1)Prepare all the necessary entries according to the lease amortization schedule. 2)Comment on the nature of the lease from the perspective of lessee and lessor