ts Exercise 21-15 Laura Leasing Company signs an agreement on January 1, 2020, to lease equipment to Shamrock Company. The following information relates to this agreement 1 The term of the non-cancelable lease is 3 years with no renewal option. The equipment has an estimated economice of years. 2. The fair value of the asset at January 1, 2020, is $63,000. 3. The asset will revert to the lessor at the end of the lease termin, at which time the asset is expected to have a residual value of $5,000, none of which is guaranteed. 4. The agreement requires equal annual rental payments of $20,289 to the lessor, beginning on January 1, 2020 5. The lessee's incremental borrowing rate is 5%. The lessor's implicit rates and is unknown to the lessee 6. Shamrock uses the straight-line depreciation method for all equipment Click here to view factor tables. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) ndy Your answer is partially correct. Try again Prepare an amortization schedule that would be suitable for the less for the lease term. (Round answers to decimal places. 3,265.) SHAMROCK COMPANY (Lessee) Lease Amortization Schedule Annual Lease Interest on Reduction of Lease Date Payment Liability Liability Lease Liability 1/1/20 SOOS 1/1/20 17517 17517 32571 1/1/21 17517 1629 15888 16683 1/1/22 17517 834 16683 IM 52551 2463 50088 CALCULATOR PRINTER VERSION Yuri party correct. Thy Prepare the maltres to these for 2020 d 2021 to recente base proment, the eyes, al per tots tres con prends December 31. dit contrare my Andated when the Bandes manually found answers to deal parandalone in the present the TAHUAN 5000 ht 12517 Cash 1953 LE 69 Acceder 1620 16 towel net Expense - 1 17517 834 53 be (Toronto Depreciation Murad De 166 reco