Rauch Incorporated leases a piece of equipment to Donahue Corporation on January 1, 2020. The lease agreement called for annual rental payments of $4,892 at the beginning of each year of the 4-year lease. The equipment has an economic useful life of 6 years, a fair value of $25,000, a book value of $20,000, and both parties expect a residual value of $8.250 at the end of the lease term, though this amount is not guaranteed. Rauch set the lease payments with the intent of earning a 5% return, and Donahue is aware of this rate. There is no bargain purchase option, ownership of the lease does not transfer at the end of the lease term, and the asset is not of a specialized nature. Click here to view factor tables. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Prepare the lease amortization schedule(s) for Donahue for all 4 years of the lease. (Round answers to O decimal places, e.g. 5,275.) Date Annual Payment 1/1/20 $ $ 1/1/20 1/1/21 1/1/22 1/1/23 DONAHUE CORPORATION Lease Amortization Schedule Annuity-Due Basis Reduction of Interest on Liability Lease Liability Lease Liabil $ Date 1/1/20 $ 12/31/20 12/31/21 12/31/22 12/31/23 Lease Expense (Straight-Line) $ Lease Expense Schedule Interest on Lease Liability Amortization of ROU Asset $ Carrying V ROU A $