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O Accounting for Operating and Finance Leases r y1.2029, Weber, Inc. entered into two de contacts. The first lease contact was a year lease for

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O Accounting for Operating and Finance Leases r y1.2029, Weber, Inc. entered into two de contacts. The first lease contact was a year lease for computer pent with $15.000 de payments due at the end of each year Weber took possesson of the equipment on juary 1. 2020. The second lease contract was askoth ease, beginning January 2020 for warehouse storage space with $1.000 monthly payments due the first of each month Webermade the first month's payment on January 1, 2020. The present value of the lene payments under the first contract 574520. The present wave of the lease payments under the second contact is 55.353. Assume that the lease contact is a frelease. Prepare the sporopriate ouma entry for this lease on january 1, 2020 Bertription Almendra ther than 200

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