The journal entries are not entirely correct. Can anyone help with the correct answer?

Check my work View previous attempt On January 1, 2018, Allied Industries leasecd a high-performance conveyer to Karrier Company for a four-year period ending December 31, 2021, at which time possession of the leased asset will revert back to Alled. The equipment cost Allied $918,000 and has an expected useful life of five years. Allied expecis the residual value a Decemter 31, 2022, will be $302,000. Negoliaos led lo lhe lessee guaranteelng a $344,000 resldual value. 3 points Equal payments under the finance/sales type lease are $202,000 and are due on December 31 of each year with the first payment being made on December 31, 2018. Karier is aware that Allied used a 8% interest rate when calculating ease payments. 0 of $1, VA of $1, PVA of $1 VAD of $1 and PVAD of $1 (Use appropriete factor(s) from the tables provided.) Required: References1. Prepare the appropriate entries for both Karrier and Allied on January 1, 2018, to record the lease. 2. Prepare all appropriate entries for both Karrier and Allied on December 31, 2018, related to the lease Complete this question by entering your answers in the tabs below Required 1 Roquired 2 Prepare the appropriate entries for both Karrier and Allied on January 1, 2018, to record the lease. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to nearest whole dollar.) View transaction list Journal entry worksheet