The following facts pertain to a non-cancelable lease agreement between Mooney Leasing Company

The following facts pertain to a non-cancelable lease agreement between Mooney Leasing Company and Rode Company, a lessee. The collectibility of the lease payments by Mooney is probable. Click here to view the factor table. (a) Your answer is correct. Compute the amount of the lease receivable at commencement of the lease. (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round answer to 2 decimal places, e.g. 5,275.15.) Lease receivable at commencement $91000 Attempts: 1 of 5 used * (b) Your answer is partially correct. Try again. Prepare a lease amortization schedule for Mooney for the 5-year lease term. (Round answers to 2 decimal places, e.g. 5,275.15.) MOONEY LEASING COMPANY (Lessor) Lease Amortization Schedule expenses related to this lease for the years 2020 and 2021 . Rode's annual accounting period ends on December 31 . Reversing entries are used by Rode. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 5,275.15. Record journal entries in the order presented in the problem.)