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Required 1 Required 2 Required 3 Prepare an amortization schedule that describes the pattern of interest expense for Federated over the lease term. (Round your
Required 1 Required 2 Required 3 Prepare an amortization schedule that describes the pattern of interest expense for Federated over the lease term. (Round your intermediate and final answers to the nearest whole dollar amount. Enter all amounts as positive values.) Lease Amortization Schedule Date Payments Effective Interest Decrease in Balance Outstanding Balance 01/01/2021 12/31/2021 12/31/2022 12/31/2023 Total Required 1 Required 2 Required 3 Prepare the appropriate entries for Federated from the beginning of the lease through the end of the lease term. (Round your intermediate and final answers to the nearest whole dollar amount. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 > Record the lease. Journal entry worksheet 1 2 3 4 5 6 7 8 Record the cash payment. Record lease payment.
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