On January 1, 2016, Nath-Langstrom Services, Inc., a computer software training firm, leased severa computers from ComputerWorld Corporation under a two-year operating lease agreement. The contract calls for four rent payments of $14,500 each, payable semiannually on June 30 and December 31 each year. The computers were acquired by ComputerWorld at a cost of $99,000 and were expected to have a useful life of five years with no residual value. Required: Prepare the appropriate entries for the lessee (Use straight-line depreciation.) (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)