On Januray 1, 2017, Sony Corporation sold machine to Speedy Finance for $140,000 and immediately leased it back.The machine was carried Sony's books at $112,000. The term of the lease is 3 years, there is no bargain purchase option, and title dose not tranfer to Sony at lease-end. The lease requires three equal payment of $34, 784 at the end of each year( first payment on January 1, 2018) The appropriate rate of interest is 6%. The machine has a useful life of 5 years and the residual value at the end of the lease term is expected to be $56,000, and none of which is guranteed. ?Prepare Sony journal entries to Speedy Finance 2017 jounal entries ?1/1/2017 ?12/31/2017 ?1/1/2018 ? Please help me. Thank you!