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Wildhorse Co. as lessee records a finance lease of machinery on January 1,2025. The seven annual lease payments of $805,000 are made at the end

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Wildhorse Co. as lessee records a finance lease of machinery on January 1,2025. The seven annual lease payments of $805,000 are made at the end of each yean. The present value of the lease payments at 11% is $3,793,321. Wildhorse uses the effective-interest method of amortization and sum-of-the-years'-digits depreciation (no residual value). (a) Prepare an amortization table for 2025 and 2026. (Round answers to 0 decimal ploces, e 8,5,275.) List of Accounts Attempts: 0 of 1 used (b) Prepare all of Wildhorse's journal entries for 2025. (Credit account tities are automatically indented when the amount is entered. Do not indent manualiy, if no entry is required, select "No Entry' for the account tities and enter O for the amounts. List all debit entries before credit entries, Round answers to 0 decimal places, es. 5.275j Prepare all of Wildhorse's journal entries for 2025. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries. Round answers to 0 decimal places, eg. 5, 275.)

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