Wyoming Company leased some equipment from another company on January 1, 2016, for a four-year period. Payments of $18,000 were due each December 31. The lease qualified as a capital lease. Assets were depreciated straight-line over the life of the lease. The appropriate interest rate to use was 10%. Required: (For all answers, round to the nearest dollar.) a. b. C. d. e. Prepare all journal entries for 2016 required on Wyoming's books. At December 31, 2016, how much of the lease liability should be shown as current? Compute two acceptable answers. If the $18,000 payments were due on January 1, beginning in the year 2016, prepare all January 1, 2016, entries for Wyoming. Assume again that the $18,000 lease payments are due on December 31. Assume, in addition, that at the end of four years, Wyoming (the lessee) guarantees a residual value of $3,000. At what amount should the lease obligation be recorded on January 1, 2016? Refer to Part d. Assume that at December 31, 2019, the leased equipment had a fair value of only $1,000. Prepare all December 31, 2019 journal entries for Wyoming