Manufacturers Southern leased high-tech electronic equipment from Edison Leasing on January 1, 2021. Edison purchased the equipment from International Machines at a cost of $119,552. (FV of $1. PV of $1. FVA of $1. PVA of S1. EVAD of S1 and PVAD of $) (Use appropriate factor(s) from the tables provided.) Related Information Los term 2 yarn a quarterly periods) Quarterly rental paymento 816,000 nt the beginning of anah period Economie life of asset 2 years Fair value of asset $119,552 Implicit interest rate (1160 Tesnenta Incremental borrowing rate) Required: Prepare a lease amortization schedule and appropriate entries for Manufacturers Southern from the beginning of the lease through January 1, 2022. Amortization of the right-of-use asset is recorded at the end of each fiscal year (December 31) on a straight-line basis