On Dec 31, 2021, Malton Corporation signed a five-year noncancelable lease for equipment from Brampton. The terms of the lease called for Malton to make annual payments of $50,000 each Dec 31, beginning with Dec 31, 2021, for five years with the equipment going back to the lessor at the end of this period. The equipment has an estimated useful life of 5 years and no salvage value. Malton accordingly accounts for this lease transaction as a finance lease. The minimum lease payments were determined to have a present value of $208,493 at an effective interest rate of 10%. Brampton manufactured the equipment for $150,000. a. Prepare a lease amortization table for the life of the lease.. b. Record Malton's (Lessee) journal entries for 12/31/21, 12/31/22 & 12/31/23