Marin AG manufactures drones. On December 31, 2021, it leased to Althaus SA a drone that had cost 140,000 to manufacture. The lease agreement covers the 5 -year useful life of the drone and requires 5 equal annual rentals of 32,000 payable each December 31 , beginning December 31,2021 . An interest rate of 8% is implicit in the lease agreement. Collectibility of the rentals is probable. Prepare Marin's December 31, 2021, journal entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answers to 0 decimal places e.g. 5,275.)