Terms of a lease agreement and related facts were a Leased asset had a retail cash selling price of $100,000. Its useful life was six years with no residual value (straight-line depreciation) b. Annual lease payments at the C. Lessor's implict rate when calculating annual rental payments was 10%. d. Costs of negotiating and consummating the completed lease transaction incurred by the lessor were $2,062 Required: the December 31 financial year-end under each of the following three independent assumptions: (1) The lease term is three years and the lessor paid $100,000 to acquire the asset (operating lease). for the lessor to record the lease, the initial payment at its inception, and at (Round your answers to the nearest whole dollar amount. Omit the "$"sign in your response.) General Journal January 1 Cash 20873 Unearned rent revenue , 20873- Deferred initial direct cost 2062 Cash 2062 December 31 Unearned rent revenue 20873 Rent revenue 20873 Lease expense 687 Deferred initial direct cost 687 Depreciation expense 16667 Accumulated depreciation 16667 (2) The lease term is six years and the lessor paid $100,000 to acquire the asset (direct financing lease). Also assume that adjusting the net investment by initial direct costs reduces the effective rate of interest to 9% (use lable 6) (Round "PV Factor" to 5 decimal places. Round your answers to the nearest whole dollar amount. Omit the "$" sign in your response.) General Journal 0000100000 January 1 Lease receivable of Lease receivable Cash 20873 Cash 20873 Lease receivable December 31 Interest receivable Interest revenue (3) The lease term is six years and the lessor paid $85,000 to acquire the asset (sales-type lease) (Round your answers to the nearest whole dollar amount. Omit the "S sign In your response.) January 1 Click to select) (Click to select) O S Click to select) Click to select)