please answer

Jx On January 1, 2018, Company entered into a 5-year lease for equipment that has an estimated useful life of 8 years. The interest rate on the lease is 10%. Present Value of $1, 5 Periods, 10%: Present Value of $1, 8 Periods, 10 %: Present Value of Ordinary Annuity, 4 Periods, 10 % Present Value of Ordinary Annuity, 5 Periods, 10 %: Present Value of Ordinary Annuity, 8 Periods, 10 %: The lease payments were $25,000 for the first 4 years and $50,000 in year 5. 0.62092 0.46651 3.16987 3.79079 5.33493 Scenario 1: Capitalized Lease Asset: Annual Lease Expense December 31, 2018 Lease Liability December 31, 2018 ROU Asset: Annual payments of $20,000 will be made at the beginning of each year with a BPO of $30,000. Scenario 2: Capitalized Lease Asset: January 1, 2018 Interest Expense January 2, 2018 Lease Liability