On August 1, 2013, Dorchester Company entered into a capital lease, and correctly recorded the leased assetJ and related obligation at $10!},l}. The annual interest rate implicit in the lease was 9%, and the first lease payment of $1,600 is due at the end of each month of the lease. Use this information to prepare the General Journal entry {without explanation] for the August 31, 2018 monthly lease payment. If no entry is required then write " No Entry Required. " {Round your answer to the nearest whole dollar.)