Question 2 of 3 Current Attempt in Precress Crane Company teases a bulding to Walh, Inc on Lanuary 1, 2020. The following facts pertain to the lease ageemene 1. Thelease term is 5 yearh. with equal annual rental purments of $4.713 at the besinring of eachyca: 2 specilitied nature. 3. The bulling has a fair value of $22500, a bock value to Crane of $15.500, and a usefull lite of 6 years. 4. Athe end of the lease term. Crane and Walth expect there to be an unguaranteed residual value of 53.875. Oick here to vievi tactor tables. (b) Using the original facts of the lease, show the journal entries to be made by both Crane and Walsh in 2020 . (For calculation purposes, wse 5 decimal pleces as displayed in the foctor table provided and round final answers to 0 decimal placeh, es. 5.275. Crealit eccount titles are dutematically indented when the amount is entered. Do not indent manuaily. Waleh's Journal Entries. Waishis Jouenal Entries