should be $$5,820.$ What would as for subsequent years?

mencement of the lease, as well as for subse Lease with Unguaranteed Residual Value$)$ On E$20\mathrm{.}2($LO $2,4)($Lessee Entries; Finance Lease with Uncelable lease for a machine. The terms December $31,2024,$ Burke Corporation signed a $5-$year, non $$8,668$ at the beginning of each year, starting of the lease called for Burke to make annual payments of $$8,68$ ind $6$ years and a $$5,000$ unguaranteed December $31,2024.$ The machine has an estimated ut the end of the lease term. Burke uses the straightresidual value. The machine reverts back to the lessor at the che's incremental borrowing rate is $5\%,$ and the line method of depreciation for all of its plant assets. Burke's incremental borrowing rate is $5\%,$ and the lessor's implicit rate is unknown.