Cotton Corp. agrees to lease a store in a mall and open a t-shirt shop. On January 2, 2020, the company pays a nonrefundable $20,000 deposit to secure the store and agrees to a lease amount of $10,000 per month for two years. Journalize the initial lease deposit, the first monthly lease payment, and the December 31 year-end adjustment of the $20,000 deposit. Explanations are not required. Would Cotton Corp. report the lease information in the notes to the financial statements? Why or why not?