Using a Present Value calculation, please fill out this lease amoritization chart based off this journal entry: Bengal signed a lease agreement to lease some upholstery equipment from a local retailer. The lease agreement states that Bengal will make monthly payments $$2,500.$ The first lease payment $($for January$)$ was made on January $1,20$X$3.$ After the first lease payment, each subsequent monthly lease payment is made on the last day of the preceding month $($so the February lease payment will be made on January $31$st$).$ The lease agreement is for a term of $3$ years. The implicit rate of interest in the lease agreement is $6\%$ per year. There is no bargain purchase option or transfer of ownership at the end of the lease. The estimated useful life of the equipment is $10$ years. The estimated fair market value of the equipment is $$90,000.$ Record the journal entries to establish the lease, and for the first lease payment.