Required:

Assuming that both companies choose the option under the CARES Act to not reclassify the lease from an operating lease:

Prepare the appropriate entries for Anthony$$s Ristorante on December $31,2020,$ to adjust its lease liability for the lease modification.

Prepare all appropriate entries for Fauci Properties on December $31,2020,$ to record the lease modification.

Prepare all appropriate entries for Anthony$$s Ristorante on December $31,2021,$ related to the lease.

Prepare all appropriate entries for Fauci Properties on December $31,2021,$ related to the lease.