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On January 1, 2024, Robertson Construction leased several items of equipment under a two-year operating lease agreement from Jamison Leasing, which routinely finances equipment for

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On January 1, 2024, 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 \\( \\$ 60,000 \\) each, payable semiannually on June 30 and December 31 each year. The equipment was acquired by Jamison Leasing at a cost of \\( \\$ 380,000 \\) and was expected to have a useful life of 5 years with no residual value. Both firms record amortization and depreciation semi-annually. Note: Use tables, Excel, or a financiol colculator. (FV of \\$1, PV of \\$1, FVA of \\$1. PVA of \\$1, FVAD of \\$1 and PVAD of \\$1) Required: Prepare the appropriate journal entries for the lessee from the beginning of the lease through the end of 2024 . Note: If no entry is required for a transoction/event, select \"No journal entry required\" in the first account field. Round your intermediate and final answers to the nearest whole dollor

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