Wildhorse Leasing Company leases a new machine to Blossom Corporation. The machine has a cost of $65,000 and fair value of $90.000. Under the 3-year, non-cancelable contract, Blossom will receive title to the machine at the end of the lease. The machine has 33-year useful life and no residual value. The lease was signed on January 1, 2025. Wildhorse expects to earn an 8% return on its investment, and this implicit rate is known by Blossom. The annual rentals are payable on each December 31, beginning December 31, 2025 Click here to view factor tablor Prepare an amortization schedule that would be suitable for both the lessor and the lessee and that covers all the years involved. For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answers to O decimal places e.g 5,2753 Rent Receipt/ Payment Interest (8%) Revenue/ Expense Reduction of Principal $ $ Receivable/Liability