On January 1, 2024. Winn Heat Transfer leased office space under a three-year operating lease agreement. The arrangement specified three annual lease payments of $78,000 each, beginning December 31,2024 , and on each December 31 through 2026 . The lessor, HVAC Leasing, calculates lease payments based on an annual interest rate of 5%. Winn also paid a $225,000 advance payment at the beginning of the lease. With permission of the owner. Winn made structural modifications to the building before occupying the space at a cost of $303,000. The useful life of the buiding and the structural modifications were estimated to be 30 years with no residual value. Note: Use tobles, Excel, or a finenciol coiculator. (EV of S1. PV of S1. EVA of S1. PVA of S1. EVAD of S1 and PVAD of S1) Required: Prepare the appropriate entries for Winn Heat Transfer from the beginning of the lease through the end of 2026. Winn's fiscal year is the calendar year. Note: If no entry is required for o transection/event, select "No journal entry required" in the first account field, Round your onswers to the nearest whole doller. Record the beginning of the lease for Winn. Record the advance payment made at the beginning of the lease by Winn. Record the purchase of the leasehold improvements by Winn. Record the lease and interest payment for Winn. Record the amortization for Winn. Record depreciation for Winn. Record the lease and interest payment for Winn. Record the amortization for Winn. Record depreciation for Winn. Record the lease and interest payment for Winn. Record the amortization for Winn. Record depreciation for Winn. Record the lease and interest payment for Winn. Record the amortization for Winn. Record depreciation for Winn. Note : = journal entry has been entered