Technold Inc. sells computer systems. Technold leases computers to Lone Star Company on January 1, 2021. The manufacturing cost of the computers was $12 million. This noncancelable lease had the following terms: Lease payments: 57717 semiannually, first payment at January 1, 2021; remaining payments at June 30 and December 31 each year through June 30, 2025 Lease term: five years (10 semiannual payments). No residual values no purchase option. Economic life of equipment: five years. Implicit interest rate and lessee's incremental borrowing rate: 5% semiannually . Fair value of the computers at January 1, 2021: $20 million Required: A What type of lease is this to the 1. lessee and 2. Lesso? B. What is the semiannual lease payment? C. Make the journal entries by the 1. Lessee and 2. Lessor on 1/1 and 6/30/2021