On January 1, 2020, Lessee Company entered into a lease for floor space with the following information:

Floor space	5,000 sqm
Annual rental payable at the end of each year	200,000
Lease term	5 years
Implicit rate in the lease	10%
PV of an ordinary annuity of 1 for 10% at 5 periods	3.7908

On January 1, 2022, Lessee Company and the lessor agreed to amend the original terms of the lease with the ff info:

Floor space	3,750 sqm
Annual rental payable at the end of each year	150,000
Implicit rate in the lease	8%
PV of an ordinary annuity of 1 for 10% at 3 periods	2.5771

Required:

1) Prepare complete amortization table for the lease liability

2) Prepare journal entries for 2020

3) Compute for the termination gain(loss) on January 1, 2022

4) Compute for the balance of Lease Liability on January 1, 2022

5) Prepare journal entries for 2022