Question 3 (25 Points) On January 1, 2020, DMustaine Lease Corporation signed a 6-year, non-cancelable lease for a crane. The terms of the lease called for lessee to make annual payments to DMustaine at the beginning of each year, starting January 1, 2020. The fair value of the machine is 300,000 and the cost is 250,000. The machine has an estimated useful life of 6 years and a 22,000 residual value. Residual value may vary at the end of the lease contract regarding the market conditions. The machine reverts back to DMustaine at the end of the lease term. DMustaine wants to eam a 7% rate-of-return from this lease. Instructions a. Prepare the amortization schedule for 2020, 2021, and 2022. (15 Points) b. Prepare all necessary journal entries for DMustaine for this lease through December 31, 2020. (10 Points)