Tamarisk SA manufactures an X-ray machine with an estimated life of 12 years and leases it to Chambers Medical Center for a period of 10 years. The normal selling price of the machine is R$632,897, and its guaranteed residual value at the end of the non-cancelable lease term is estimated to be R$14,000. The hospital will pay rents of R$77,000 at the beginning of each year. Tamarisk incurred R$490,000 in manufacturing cost and R$14,100 in legal fees directly related to the signing of the lease. Tamarisk has determined that the collectibility of the lease payments is probable and that the implicit interest rate is 5%. Click here to view factor tables. (a) (b) (c) Prepare all of Tamarisk's journal entries for the first year. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places e.g. 5,275 .)