there are only 4 journal entries!!

Exercise 15-16 Lessee: operating lease [LO15-4] Grichuk Power leased high-tech electronic equipment from Kolten Leasing on January 1, 2018. Kolten purchased the equipment from Wong Mechines at a cost of $257,500, its fair value. (FY of S1. EM.of S1, FVA of $1, PVA of S1. EVAD of S1 and PVAD of $) (Use appropriate fectorts) from the tables provided.) Related Information: Lease tern Quarterly lease paynents Economic life of asset Interest rate chareed by the Lessor 2 years (8 quarterly periods) 22,5ee at Jan. 1, 2018, and at Rar. 31. June 38, Sept, 38, and Dec. 31 thereafter. s years 8% Required Prepare a lease amortization schedule and appropriate entries fore Grichuk Power from the commencement of the lease through December 31.2018. December 3t is the fiscal yeer end for each company Appropriate adjusting entries are recorded at the end of each quater Complete this question by entering your answers in the tabs be General Journal Schedule Prepare a lease amortization schedule for the term of the lease for Grichuk Power from the commencement of the lease through December 31, 2018. December 31 is the fiscal year end for each company. (Enter all amounts as positive values.) Lease nt Date 168 120 01/01/2011B 04/01/2018 22.500 22500 22.500 145 620 2.912 19.583 126 032 Required: Prepare a lease amortization schedule and appropriate entries for Grichuk Power from the commencement of the lease through December 31, 2018. December 31 is the fiscal year end for each company Appropriate adjusting entries are recorded at the end of eech quarter Complete this question by entering your answers in the tabs below. Amort Schedule General ournal Prepare a lease amortization schedule for the term of the lease for Grichuk Power from the commencement of the lease through December 31, 2018+ December 31 is the fiscal year end for each company. (Enter all armounts as positive value t Date Payments 168.120 0101201822500 22,500 22 500145.620 0401201822 500291219125 032 19.588 126,032 07 01/2018 10/01/2013 01/01/2019 0401 2019 07/01/2019 252119 979108.053 2,121 1713 20787 | 20 379 22,500 22 500 22,500 22 500 22 500 85.674 64 887 43.685 1296 21.202 874 | 216261 22059 1001/20119 Total 22.059 1.880 ($ 168.120 441 General Journal Complete this question by entering your answers in the tabs below Amort General ScheduleJournal Record the appropriate adjusting entries at the end of each quarter for Grichuk Power from the commencement of the lease through January 1, 2018. December 31 is the fiscal year end for each company. (If no entry is required for a transaction/event, select No journal entry required in the first account field.) Credit January 01 Equipment 168.120 Cash 68,120 January 01 Lease payable 22.500 0 22,500 March 31 G2912 . 19 588 expense Lease payable Cash 22 500 6 342 Accumulated depreciation 6,342 K Amoet Scedule