on January 1st 2016 nath-langstrom Services Inc a computer software training firm least several computers from Computer World Corporation under a two-year operating lease agreement. The contract calls for for rent payments of $10,000 each, payable semi-annually on June 30th and December 31st each year. The computers were acquired by Computer World at a cost of $90,000 and we're expected to have a useful life of 6 years with no residual value.

1. prepare the appropriate and trees for both a the lessee and be the lessor from the Inception of the lease to the end of 2016. Use straight-line depreciation.