please complete the 4 required parts to the question

Problem 10-12AC Accounting for Operating Lease LO C3 On January 1, Rogers (lessee) signs a three-year lease for machinery that is accounted for as a operating lease. The lease requires three $26,486 lease payments (the first at the beginning of the lease and the rest at December 31 of Year 1 and Year 2 ). The present value of the three annual lease payments is $75,100, using a 5.920% interest rate, The lease payment schedule follows. Required: 1. Prepare the January 1 journal entry at the start of the lease to record any asset or liability. 2. Prepore the January 1 journat entry to record the first $26,486 cash lease payment. 3. Prepare the December 31 journal entry to record amortization at the end of (a) Year 1, (b) Year 2, and (d) Year 3. 4. Prepare the December 31 joumal entry to record the $26,486 cash lease payment at the end of (a) Year 1 and (b) Year 2