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Softonic Enterprises entered into a lease agreement for 5 years on January 1, 20X0. The lease requires a payment of $30,000 per year at

Softonic Enterprises entered into a lease agreement for 5 years on January 1, 20X0. The lease requires a 

Softonic Enterprises entered into a lease agreement for 5 years on January 1, 20X0. The lease requires a payment of $30,000 per year at the end of each year. The implicit interest rate is 5%. Prepare the lease amortization schedule for the above lease.

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