Southern Edison Company leased equipment from Hi-Tech Leasing on January 1,2018 Annual payments Life of asset Implicit interest rate PV. arnuity due, 4 periods. rv, ordinary annuity, 4 periods, 4 years .3121 There is no expected residual value. Required Prepare appropriate journal entries for Southern Edison for 2018 and 2019. Assume straight-line amortization and a December 31 end. (If no entry is required for a transection/event, select "No journel entry required" in the first account field. Round your answers to the nearest whole dollor amounts.) 1 January 01,2018 Cash 5 6 8 View transaction list View journal entry worksheet 2 Import a new list Record the lease. 2 Record the cash payment. 3 Record the interest expense. 4 Record the amortization expense. 5 Record lease payment 6 Record the interest expense. 7 Record the amortization expense. ot4142 Note:-journal entry has been entered Prey 2 of 50 Next 4o 4 5 6 8