need help with the following please use these nubmers

On January 1, 2025, Ivanhoe Company leased equipment to Daylight Corporation. The following information pertains to this lease. 1. The term of the non-cancelable lease is 4 years. At the end of the lease term, Daylight has the option to purchase the equipment for $2,200, while the expected residual value at the end of the lease is $15,000. 2. Equal rental payments are due on January 1 of each year, beginning in 2025 . 3. The fair value of the equipment on January 1,2025 , is $217,000, and its cost is $190,000. 4. The equipment has an economic life of 5 years. Daylight depreciates all of its equipment on a straight-line basis. 5. Ivanhoe set the annual rental to ensure a 4% rate of return. Daylight's incremental borrowing rate is 5%, and the implicit rate of the lessor is unknown. 6. Collectibility of lease payments by the lessor is probable. (Both the lessor and the lessee's accounting periods end on December 31.) Prepare all the necessary journal entries for Sandhill for 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275. Record journal entries in the order presented in the problem.) Suppose the collectiblilty of the lease payments was not probable for Sandhill. Prepare the necessary Joumal entry for the company In 2025. (List debit entry before credit entry. Credit account titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit 1/1/25 eTextbook and Media List of Accounts Attempts: 1 of 3 used (e) Prepare all the necessary Journal entrles for wildhorse for 2025 . (List all debit entries before credit entries. Credit account titles are