Please solve required 1,2,3,4 please.

Thank you.

W 15-1 Check my work Exercise 15-2 Finance lease; calculate lease payments [LO15-2 American Food Services, Inc., leased a packaging machine from Barton and Barton Corporation. Barton and Barton completed construction of the machine on January 1, 2018. The lease agreement for the $4 million (falr value and present value of the lease payments) machine specified four equal payments at the end of each year. The useful life of the machine was expected to be four years with no residual value. Barton and Barton's implicit interest rate was 10%, Dors. PyotSL EVAot$1. PVAofs FVAD of $1 and PVAD of $1) (Use appropriate factors) from the tables provided.) from and PVAul vqal Required: 1. Prepare the journal entry for American Food Services at the beginning of the lease on January 1,2018. 2. Prepare an amortization schedule for the four-year term of the lease. 3. & 4. Prepare the appropriate entries related to the lease on December 31, 2018 and 2020. Hint Print Complete this question by entering your answers in the tabs below. Req 1 Req 2Req 3 and 4 n Food Services at the beginning of the lease on January 1, 2018. (Enter your answers in whole dollars and not in millions. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Prepare the journal entry for America Journal entry worksheet Prev 1016 Next>