USE THE FOLLOWING INFORMATION FOR QUESTIONS 1 - 6. Quiz Company leased equipment to Another Company on October 1, 2020. Quiz Company manufactured the equipment at a cost of $350,000 and recorded the equipment in its inventory available for sale or lease. Terms of the lease were as follows: Quarterly payments of $25,000 are due starting October 1, 2020 and every January 1, April 1, July 1, and October 1 thereafter for five Title to the equipment will transfer to Another Company at the termination of the lease Quiz Company's implicit rate in the lease is 8% Quiz Company's fiscal year ends on December 31. The entry(ies) by Quiz Company to record the lease at inception would include A debit to lease receivable for $399,472 A debit to lease receivable for $108.030 No entry is required on the date of inception A debit to lose receivable for $416.962