The following facts pertain to a non$-$cancelable lease agreement between Oriole Leasing Company and Sage Hill Company, a lessee.

Commencement date

May $1,2025$

Annual lease payment due at the beginning of

each year, beginning with May $1,2025$

$$17,865\mathrm{.}02$

Bargain purchase option price at end of lease term

$$7,000$

Lease term

$5$ years

Economic life of leased equipment

$10$ years

Lessor's cost

$$65,000$

Fair value of asset at May $1,2025$

$$85,000\mathrm{.}10$

Lessor's implicit rate

$6\%$

Lessee's incremental borrowing rate

$6\%$

The collectibility of the lease payments by Oriole is probable.

Click here to view factor tables.

$($For calculation purposes, use $5$ decimal places as displayed in the

Prepare a lease amortization schedule for Sage Hill for the $5-$year lease term. $($Round answers to $2$ decimal places, e e$.5,275\mathrm{.}15.)$factor table provided.$)$