On January 2, 2014, Gold Star Leasing Company leases equipment to Brick Co. with 5 equal annual payments of $72,000 each, payable beginning January 2, 2014. Brick Co. agrees to guarantee the $40,000 residual value of the asset at the end of the lease term. Brick's incremental borrowing rate is 10%, however it knows that Gold Star's implicit interest rate is 8%. What journal entry would Gold Star make at January 2, 2014 assuming this is a direct-financing lease? Cash 72,000 Lease Receivable 328,000 Equipment 400,000 Cash 72,000 Lease Receivable 307, 224 Equipment 379, 224 Cash 72,000 Lease Receivable 265, 877 Equipment 337, 877 Cash 72,000 Lease Receivable 253, 067 Equipment 325, 067