Need answered as soon as possible

2. On January 1, Year 1, Mitchell-Marsh Services, Inc, a computer software training firm, leased several computers under a two-yearoperating lease agreement from Global Computers Corporation, which routinely finances equipment for other firms at an annual interest rate of 6%. The contract calls for four rent payments of $15,000 each, payable semiannually on June 30 and December 31 each year.- The computers were acquired by Global Computers at a cost of $120,00 and were expected to have a useful life of six years with no residual value. Both firms record amortization and depreciation semiannually. Required: Prepare the appropriate entries for both (a) the lessee and (b) the lessor from the beginning of the lease through the end of Year 1. 2 yrs