problem lease the equipewear. The te porta an the beginning on to have a recolectabilang Problem II (15 points): Adam, Bevc, wurchased p o sting $45,226 wamy 1, immediately leased the equipment toob Commy for a four-year period with real 58.000 to be 6%. The paid at the beginning of each year. The less's implicit interest rate in connection with w pment is expected to have a resichual value of at the end of the www.cancelable lease, and a useful life of 12 years. The collectability of the lease payments is probable for the leader Note: Present value of an ordinary annuity of 1 for 4xrids at 6% is 3.46511. of an annully one periods at 6% is 3.67301. Present value of 1 for 4 periods at 6% is 0.79209). Instructions Classify the lease from the standpoint of the lessee and lesser, giving reasons (5 points) na ang Trods at 6% is 3.46511, of an wity due of 1 for 4 clase, unguaranteed b. Prepare the journal entries of the lessee through December 31, 2020 (10 points). c. Prepare the journal entries of the lessor through December 31, 2020 (5 bonus points)