The following facts pertain to a noncancelable lease agreement between Blossom Leasing Company and Blue Company, a lessee.

Inception date:May 1, 2017

Annual lease payment due at the beginning ofeach year, beginning with May 1, 2017 $19,153.46

Bargain-purchase option price at end of lease term $4,300

Lease term 5years

Economic life of leased equipment 10years

Lessors cost $69,000

Fair value of asset at May 1, 2017 $84,000

Lessors implicit rate9%

Lessees incremental borrowing rate 9%

The collectibility of the lease payments is reasonably predictable, and there are no important uncertainties surrounding the costs yet to be incurred by the lessor. The lessee assumes responsibility for all executory costs.

Prepare a lease amortization schedule for Blue Company for the 5-year lease term. (Round present value factor calculations to 5 decimal places, e.g. 1.25126 and Round answers to 2 decimal places, e.g. 15.25.)