Python Company oned equipment from Hope Leasing on January 1 2021 Hope recently purchased the equipment at a cost of $237283 Other Information Lease ter 3 years Annual payments 386.00 on January 1 each year Life of asset 3 years Fair value of asset 1231,283 Inoliet Interest rate 9 Incremental rate 90 There is no expected residual value Required: Prepare appropriate journal entries for Python for 2021. Assume straight line depreciation and a December 31 year-end, if ne entry is required for a transaction/event, select "No journal entry required in the first account field. Round your answers to the nearest whole dollar amounts) View transaction View journal entry workshop No Date General Journal January 01, 2021 Righ-of-asset Lease payable Dabi Credit 1 2 2 January 01, 2021 Loose payable 3 3 December 31 2021 interest expense Interest payable 4 December 31 Depreciation expense 2021 Accumulated depreciation