OURCES Cullumber Company specializes in leasing large storage units to other businesses. Cullumber entered a contract to lease a storage unit to Riskey, Inc. for 4 years when that particular storage unit had a remaining useful life of years. The fair value of the unit was $23,000 at the commencement of the lease on January 1, 2017. The present value of the five equal rental payments of $5,666 at the start of each year, plus the present value of a guaranteed residual value of $1,000, equals the fair value of $23,000, Oulumber's implicit rate of return on the lease of 4%. The following is a correct, complete amortization schedule created by Cullumber. Interest (9) on Outstanding Lease Receivable Reduction of 4:10 e Payment Receivable Balance of Lease Receivable $23,000 17,134 11,953 6,565 Date 1/1/17 1/1/17 1/1/18 11/19 1/1/20 12/31/20 A 15 A 19 A-23 $24,464 Gven the above schedule, make the appropriate entries at December 31, 2020, to record the accus of interest and the return of the storage unit to Cullumber (assuming the unit is returned on December 31, 2020, at the expected and guaranteed residual value of $1.000). (Credit accountries are automatically indented when the amount is entered. Do not indent many ) unt Tities and Explanation Lease Receivable Interest Revenue to record accrual of interest To recard residual value of asset)