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t cut Copy Paste Cut |Copy | Paste year lease (beginning January 1, Year 1) with the following Acwon Corp. is a U.S. company which owms warehouse space that it rogularly leases out to manufacturing companies. Bentey Inc. is the lessee on a new 4 Acwen offors Bendey a reduced a reduced $2,000 per morth rate for the first 3 months For all other months, the reet will be $5,000 per month. A lease bonus paid by Bendley of $7,200 Arent kicker oqual to 3% dthe amortofannual operating roee tatooeeds$750.000. A refundaible security deposit paid by Beney of $5,000 . Bentey's Year 1 operating income is $800,000 1. From Bentley's penpective, provide the journal entries for the following a. Montely rent expense Debit Amount Credit Amount b Lease bonus (Year 1) Previcus Next MacBook Pro NA