Could you please solve this question based on IFRS

8 E21-7 (Lessee-Lessor Entries, Sales-Type Lease) On January 1, 2015, Palmer Company leased equipment to Immelman Corporation. The following information pertains to this lease. 1. The term of the non-cancelable lease is 6 years, with no renewal option. The equipment reverts to the lessor at the termination of the lease. 2. Equal rental payments are due on January 1 of each year, beginning in 2015. 3. The fair value of the equipment on January 1,2015, is $200,000, and its cost is $150,000. 4. The equipment has an economic life of 8 years, with an unguaranteed residual value of S10,000. Immelman depreciates all of its equipment on a straight-line basis 5. Palmer sets the annual rental to ensure an 11% rate of return. Immelman's incremental borrowing rate is 12%, and it is impracticable for Imine!man to determine the implicit rate (a) Prepare an amortization schedule that would be suitable for the lessee for the lease term