On January 1, 2018, Green Bay Packaging leased copiers under a two-year operating lease agreement from Leases "R" Us, which often finances copiers for other businesses at an annual interest rate of 4%. The lease requires four payments of $56,000 each, payable semiannually on June 30 and December 31 each year. The copiers were acquired by Leases "R" Us at a cost of $376,000 and have an economic life of 6 years with no salvage value. Both Green Bay Packaging and Leases "R" Us record amortization and depreciation semi-annually. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required: Prepare the appropriate journal entries for the lessee from the beginning of the lease through the end of 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amounts.).

1. Record the beginning of the lease for Green Bay Packaging 1/1/18

2. Record the lease payment and interest expense for Green Bay Packaging 6/30/18

3. Record the amortization expense for Green Bay Packaging 6/30/18

4. Record the lease payment and interest expense for Green Bay Packaging 12/31/18

5. Record the amortization expense for Green Bay Packaging 12/31/18