On January 1.2025. Shamrock Co. Heased a building to Pharoah inc. The relevant information related to the lease is as follows: 1. The lcase arrangement is for 10 years. The building is expected to have a residual value at the end of the lease of $3,100,000 (unguaranteed). 2. The leased building has a cost of $3,600,000 and was purchased for cash on January 1, 2025. 3. The building is depreciated on a straight-line basis. Its estimated econornic life is 50 years with no salvage value. 4. Lease payments are $285,000 per year and are made at the beginning of the year 5. Pharoah has an incremental borrowing rate of 8% and the rate implicit in the lease is unknown to Pharoah. 6. Both the lessor and the lessee are on a calendar-year basis. Click here to view factor tables. (For colculation purposes, use 5 decimal ploces as disployed in the foctor toble provided.) Prepare the journaf entries that Shararock should make in 2025. (Ust all debit entries before credit entries. Credit account titles are outomaticolly indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the probiem. If no entry ks requlred, select "No Entry" for the account titbes and enter 0 for the amounts.) Prepore the journal entries that Pharoah should make in 2025. (List all debit entries before credit entries. Credit account tities are automatically indented when amount is entered. Do not indent manualiy. Round answers to 0 decimal ploces, es. 5,275, Record joumal entrles in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. If Pharoah paid $35,000 to a real estate broker on January 1,2025, as a fee for finding the lessor. what is the initial measurement of the right-of-cse assel? (Round answers to 0 decimal ploces, es. 5,275.) Right-of use asset eTextbook and Media Listof Accounts Atferpts:unlimited