Marathon Leasing Co. leases equipment to Treadmill Fun Ltd, under a 5-year term. The correct amortization schedule follows for the first four lease payments: 5 7 Lease Principal Date Interest Balance payment reduction Jan. 1/20 S 305,000 P1 Jan. 1/20 $ 55,096 $ $ 55,096 194,904 B P2 Jan. 1/21 55,096 15,592 39,504 155,400 9 P3 Jan. 1/22 55,096 12,432 42,664 112,736 10 P4 Jan. 1/23 55,096 9,019 46,077 66,659 11 12 Treadmill Fun Ltd. drafted the following presentation on its Statement of Financial Position at December 31, 2021: 13 Non-Current Liability 4 Lease liability $ 155,400 5 REQUIRED: Prepare the correct lease presentation, with appropriate classification, to be presented on Treadmill Fun Ltd.'s Statement of Financial Position at December 31, 2021. Select n/a if the row is not needed. 12 13 14 15 Treadmill Fun Ltd. drafted the following presentation on its Statement of Financial Position at December 31, 2021: Non-Current Liability Lease liability $ 155,400 REQUIRED: Prepare the correct lease presentation, with appropriate classification, to be presented on Treadmill Funktd.'s Statement of Financial Position at December 31, 2021. Select n/a If the row is not needed. 16 17 Classification Account name Amount 10 - 10