On 1 October 20X3, Hyper made a payment of $90,000 being the first of five equal annual payments (in arrears) under a lease for an item of plant. The lease has an implicit interest rate of 10%. The initial direct costs which include lease processing fees, stamp duty and courier charges are $1000 and will be capitalised. a. Calculate the initial carrying amount of the lease liability and right-of-use asset ( round to nearest thousand). b. Provide the journal entries for the above transaction in Hypers accounting record. c. Prepare lease amortization schedule. d. Prepare extracts from the Hypers financial statement in respect of this lease agreement for the year ended 30 Sept 20X4.