Tamarisk Leasing Company signs a lease agreement on January 1,2025 , to leasc clectronic equipment to Carla Vista Compary. The term of the non cancehble lesse is ? years, and payments are required at the end of each vear. The following information relates to this agreament. 1. Carla Vista has the option to purchase the equipment for $2.4,500 upon termination of the lease it is not reasonably certain that Carla Vista will exercise this option. 2. The equipment has a cost of $290,000 and fair value of $319,000 to Tamarlsk Leasing. The useful economic life is 2 years. with a residual value of $24500. 3. Tamarisk tensing desires to enrnaretum of 6% on its investment 4. Collectibility of the payments by Tamacik teasing is probable Prepare the iournal entries on the books of Tamarisk Leasing to record the payments received under the lease and to recognize account titles and enter 0 for the amounts for calculation purposes, use 5 decimal ploces as displayed in the factor toble provided and round final anowers to 0 decimal placeres 5,275 ) (b) The parts of this question must becompleted in order. This part will be avalibale when you complate the part above