Problem 3 Host Co as a lessee records a finance lease of machinery on 1/1/19. The 7 annual lease payments of $210,000 are made at the end of each year. The present value of the lease payments at 10% is $1,022,400. Prepare a lease amortization schedule from 1/1/19 to 12/31/22. Prepare the journal entries from 1/1/19 to 12/31/21