answer to c please! also, please only use the amount of boxes provided for the journal entries!

Prepare all necessary journal entries for Skysong for this lease through December 31, 2025. (List all debit entries before credit entries. Record journol entrles in the order presented in the problem. Credit account titles are automatically indented when 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. Round answers to 0 decimal places e. 8.5,275 ) Compute the present value of the lease payments. (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answer to 0 decimal places eg. 5,275.) Present value of the lease payments 12/31/25 Interest Expense Leise Liabinty Conh (To record lease payment) On December 31, 2024. Skysong Corporation signed a 5-vear, non-cancelable lease for a machine. The terms of the lease called for Skysorg to matre annuat payments of $8,162 at the begining of each vear, starting December 31,2024 . The machine has an estimated useful life of o vears and a $5,100 unguaranteed residual value. The machine reverts back to the lessor at the end of the lease term. Skysong wes the straight-line method of depreciation for all of its ptant assets. Skysong's incremental borrowing rate is 5%, and the lessor's implicit rate is unknown