On January 1, 2021, Robertson Construction leased several items of equipment under a two-year operating lease agreement from Jamison Leasing, which routinely finances equipment for other firms at an annual interest rate of 5%. The contract calls for four rent payments of $55,000 each, payable semiannually on June 30 and December 31 each year. The equipment was acquired by Jamison Leasing at a cost of $375,000 and was expected to have a useful life of five years with no residual value. Both firms record amortization and depreciation semi-annually. Required: Prepare the appropriate journal entries for the lessor (Jamison Leasing) from the beginning of the lease through the end of 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is not complete. No 1 Date June 30, 2021 General Journal Debit Credit Amortization expense 206,908 Lease payable 206,908 2 June 30, 2021 Interest expense 5,173 x Lease payable Cash 49,827 x 55,000 3 December 31, 202 Amortization expense 3,927 Accumulated depreciation 51,073 x 4 December 31, 202 Amortization expense Accumulated depreciation 55,000 51,073 x 51,073