On June 1, 2024, Lone Pine leased a building. The lease agreement calls for Lone Pine to make lease payments of $3,658.14 each honth for the next two years, with the first lease payment beginning June 30 . The company's normal borrowing rate is 9%. equired: Calculate the present value of the lease payments. (Hint: Use a financial calculator or Excel.) Record the lease on June 1, 2024. Complete this question by entering your answers in the tabs below. Record the lease on June 1, 2024. (Do not round intermediate calculations. If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits