Swifty Corporation leased equipment to Windsor, Inc. on January 1, 2020. The lease agreement called for annual rental payments of $1,193 at the beginning of each year of the 3-year lease. The equipment has an economic useful life of 7 years, a fair value of $9,200, a book value of $7,200, and Swifty expects a residual value of $6,700 at the end of the lease term. Swifty set the lease payments with the intent of earning a 5% return, though Windsor is unaware of the rate implicit in the lease and has an incremental borrowing rate of 7%. There is no bargain purchase option, ownership of the lease does not transfer at the end of the lease term, and the asset is not of a specialized nature. How would Swifty's accounting in part a change if it incurred legal fees of $500 to execute the lease documents and $600 in advertising expenses for the year in connection with the lease? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to O decimal places, e.g. 5,275. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit