Pisa, Inc. leased equipment from Tower Company under a four-year lease requiring equal annual payments of $344,152, with the first payment due at lease inception. The lease does not transfer ownership, nor is there a purchase option. The equipment has a 4-year useful life and no salvage value. The rate implicit in the lease (which is known) is 8%. 1. Prepare the journal entry or entries at lease inception for Pisa, Inc. 2. Prepare the journal entry or entries at the end of year 1 for Pisa, Inc. 3. Prepare the journal entry or entries at the end of year 4 for Pisa, Inc