Question 3(18 marks - suggested time: 30 minutes) Bindle Corp. entered into a 6-year lease agreement on an equipment. The company already correctly calculated the initial right-of-use asset and lease liability amount. The company has December 31 fiscaly year-end. The following information relate to the lease: - commencement date of lease: September 1,2020 - initial ROU asset amount: \$367,214 - initial lease liability amount: $295,214 - incremental payments of $72,000, due at the beginning of each lease year The company depreciate wing rate of 7% for part years. Required: 2. Prepare the financial statement presentation of 31,2020 and December 31,2021 . financial position (SFP) as at Decesentation of all lease 3. What is the lease liability balance as at September 1.2022, immediately after septem payment? 4. Assume that on September 1.2022 , immediately after paying the 2022 and lessor agree to change the annual payments for the remaining the 2022 lease payment, the lessee the journal entry to adjust the lease-related accounts. d the intermediate and final answer to the early label all components, including each Required (e.g., Req. 1, Req. 2)