QUESTION 1 Wayne Leasing leased movie theatre equipment to Joker Company on January 1, 2020. The lease payments were calculated to provide the lessor, Deal, a 7% return. Ten annual lease payments of $58,500 are due on January 1, 2020 and then each December 31, beginning December 31, 2020 after that. Wayne initially bough the equipment for $390,000 and expected the equipment to have a ten-year useful life. This qualifies as a finance / sales-type lease. Answer all questions for the December 31, 2021 financial statements: Enter all balances in whole number (round to the nearest dollar). Do not use dollar signs. Enter one thousand dollars as 1,000. Use commas to separate thousands. Enter CREDIT balances as negatives. Enter debit balances as positive numbers. For the journal entries, identify debit entries with DR and credit entries with CR. For example, DR Cash and CR Accounts Receivable, Check figure: the lease payable at December 31, 2021 should be arrroximately $315k (put the exact amount in your answer) 1. For Joker, what is the journal entry for December 31, 2021? 2. For Joker, what is total interest expense for 2021? 3. For Joker, what is total amortization expense for 2021? 4. For Joker, what is the balance in the lease payable? 5. For Joker, what is the balance in the ROU asset